This property looks like a bad Long-Term investment with a projected -10.26% first-year return on $109k initial cash invested.
-10.26%
Cash On Cash
4.36%
Cap Rate
0.71
DSCR
$3,161
Rent
-$934
Cashflow
Cash Flow
$3,161 income − $4,095 expenses = $934 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,202
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,161
Total Expenses
$4,095
Mortgage P&I
84%
$2,668
Property Taxes
13%
$408
Home Insurance
6%
$184
HOA
0%
$13
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0