This property looks like a bad Long-Term investment with a projected -11.07% first-year return on $107k initial cash invested.
-11.07%
Cash On Cash
4.59%
Cap Rate
0.7
DSCR
$3,275
Rent
-$983
Cashflow
Cash Flow
$3,275 income − $4,258 expenses = $983 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,076
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,275
Total Expenses
$4,258
Mortgage P&I
84%
$2,761
Property Taxes
14%
$470
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0