This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $111k initial cash invested.
-11.63%
Cash On Cash
4.55%
Cap Rate
0.69
DSCR
$3,388
Rent
-$1,079
Cashflow
Cash Flow
$3,388 income − $4,467 expenses = $1,079 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,302
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,388
Total Expenses
$4,467
Mortgage P&I
86%
$2,922
Property Taxes
14%
$476
Home Insurance
6%
$189
HOA
0%
$0
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0