This property looks like a bad Long-Term investment with a projected -15.34% first-year return on $110k initial cash invested.
-15.34%
Cash On Cash
3.1%
Cap Rate
0.51
DSCR
$2,284
Rent
-$1,412
Cashflow
Cash Flow
$2,284 income − $3,696 expenses = $1,412 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,284
Total Expenses
$3,696
Mortgage P&I
116%
$2,657
Property Taxes
9%
$207
Home Insurance
8%
$189
HOA
2%
$50
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0