This property looks like a bad Long-Term investment with a projected -14.63% first-year return on $110k initial cash invested.
-14.63%
Cash On Cash
3.75%
Cap Rate
0.58
DSCR
$3,021
Rent
-$1,346
Cashflow
Cash Flow
$3,021 income − $4,367 expenses = $1,346 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,021
Total Expenses
$4,367
Mortgage P&I
94%
$2,840
Property Taxes
18%
$546
Home Insurance
6%
$196
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0