This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $111k initial cash invested.
-11.46%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$3,068
Rent
-$1,063
Cashflow
Cash Flow
$3,068 income − $4,131 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,068
Total Expenses
$4,131
Mortgage P&I
94%
$2,879
Property Taxes
9%
$269
Home Insurance
6%
$186
HOA
0%
$0
Property Management
10%
$307
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0