This property looks like a bad Long-Term investment with a projected -15.68% first-year return on $112k initial cash invested.
-15.68%
Cash On Cash
3.6%
Cap Rate
0.55
DSCR
$2,829
Rent
-$1,468
Cashflow
Cash Flow
$2,829 income − $4,297 expenses = $1,468 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,829
Total Expenses
$4,297
Mortgage P&I
104%
$2,932
Property Taxes
16%
$443
Home Insurance
7%
$187
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0