This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $110k initial cash invested.
-13.28%
Cash On Cash
3.96%
Cap Rate
0.61
DSCR
$2,552
Rent
-$1,223
Cashflow
Cash Flow
$2,552 income − $3,775 expenses = $1,223 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,261
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,552
Total Expenses
$3,775
Mortgage P&I
111%
$2,830
Property Taxes
4%
$94
Home Insurance
7%
$187
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0