This property looks like a bad Long-Term investment with a projected -17.35% first-year return on $112k initial cash invested.
-17.35%
Cash On Cash
3.36%
Cap Rate
0.5
DSCR
$3,016
Rent
-$1,625
Cashflow
Cash Flow
$3,016 income − $4,641 expenses = $1,625 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,016
Total Expenses
$4,641
Mortgage P&I
99%
$2,972
Property Taxes
22%
$656
Home Insurance
8%
$228
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0