This property looks like a bad Long-Term investment with a projected -20.2% first-year return on $112k initial cash invested.
-20.2%
Cash On Cash
2.46%
Cap Rate
0.38
DSCR
$2,572
Rent
-$1,892
Cashflow
Cash Flow
$2,572 income − $4,464 expenses = $1,892 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,353
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,572
Total Expenses
$4,464
Mortgage P&I
111%
$2,861
Property Taxes
18%
$469
Home Insurance
8%
$203
HOA
10%
$262
Property Management
10%
$257
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0