This property looks like a bad Long-Term investment with a projected -12.34% first-year return on $108k initial cash invested.
-12.34%
Cash On Cash
4.22%
Cap Rate
0.65
DSCR
$2,853
Rent
-$1,112
Cashflow
Cash Flow
$2,853 income − $3,965 expenses = $1,112 out of pocket
Investment Breakdown
|
Purchase Price
$515k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$103k
Closing costs
1%
$5,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,853
Total Expenses
$3,965
Mortgage P&I
97%
$2,781
Property Taxes
9%
$262
Home Insurance
6%
$180
HOA
0%
$0
Property Management
10%
$285
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0