This property looks like a bad Long-Term investment with a projected -7.89% first-year return on $109k initial cash invested.
-7.89%
Cash On Cash
4.86%
Cap Rate
0.79
DSCR
$3,344
Rent
-$718
Cashflow
Cash Flow
$3,344 income − $4,062 expenses = $718 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,344
Total Expenses
$4,062
Mortgage P&I
79%
$2,658
Property Taxes
11%
$351
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$201
Maintenance
5%
$167
Other
0%
$0