This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $111k initial cash invested.
-11.58%
Cash On Cash
4.37%
Cap Rate
0.68
DSCR
$3,051
Rent
-$1,074
Cashflow
Cash Flow
$3,051 income − $4,125 expenses = $1,074 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,051
Total Expenses
$4,125
Mortgage P&I
93%
$2,851
Property Taxes
6%
$174
Home Insurance
6%
$186
HOA
4%
$120
Property Management
10%
$305
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0