This property looks like a bad Long-Term investment with a projected -23.71% first-year return on $111k initial cash invested.
-23.71%
Cash On Cash
1.3%
Cap Rate
0.21
DSCR
$1,519
Rent
-$2,184
Cashflow
Cash Flow
$1,519 income − $3,703 expenses = $2,184 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,263
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,519
Total Expenses
$3,703
Mortgage P&I
176%
$2,677
Property Taxes
29%
$442
Home Insurance
12%
$189
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0