This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $112k initial cash invested.
-10.46%
Cash On Cash
4.49%
Cap Rate
0.71
DSCR
$3,102
Rent
-$979
Cashflow
Cash Flow
$3,102 income − $4,081 expenses = $979 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,102
Total Expenses
$4,081
Mortgage P&I
91%
$2,828
Property Taxes
7%
$208
Home Insurance
6%
$187
HOA
2%
$52
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0