This property looks like a bad Long-Term investment with a projected -19.31% first-year return on $111k initial cash invested.
-19.31%
Cash On Cash
2.73%
Cap Rate
0.42
DSCR
$2,719
Rent
-$1,793
Cashflow
Cash Flow
$2,719 income − $4,512 expenses = $1,793 out of pocket
Investment Breakdown
|
Purchase Price
$531k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,305
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,719
Total Expenses
$4,512
Mortgage P&I
105%
$2,866
Property Taxes
15%
$420
Home Insurance
7%
$184
HOA
12%
$335
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0