This property looks like a bad Long-Term investment with a projected -12.17% first-year return on $108k initial cash invested.
-12.17%
Cash On Cash
4.35%
Cap Rate
0.67
DSCR
$3,869
Rent
-$1,091
Cashflow
Cash Flow
$3,869 income − $4,960 expenses = $1,091 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$102k
Closing costs
1%
$5,124
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,869
Total Expenses
$4,960
Mortgage P&I
71%
$2,757
Property Taxes
26%
$1,014
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$387
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0