This property looks like a bad Long-Term investment with a projected -1.1% first-year return on $109k initial cash invested.
-1.1%
Cash On Cash
6.82%
Cap Rate
1.04
DSCR
$4,473
Rent
-$100
Cashflow
Cash Flow
$4,473 income − $4,573 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$518k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,177
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,473
Total Expenses
$4,573
Mortgage P&I
63%
$2,817
Property Taxes
9%
$401
Home Insurance
4%
$192
HOA
0%
$0
Property Management
10%
$447
CapEx
5%
$224
Vacancy
6%
$268
Maintenance
5%
$224
Other
0%
$0