This property looks like a bad Long-Term investment with a projected -19.69% first-year return on $112k initial cash invested.
-19.69%
Cash On Cash
2.21%
Cap Rate
0.36
DSCR
$1,833
Rent
-$1,833
Cashflow
Cash Flow
$1,833 income − $3,666 expenses = $1,833 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$106k
Closing costs
1%
$5,320
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,833
Total Expenses
$3,666
Mortgage P&I
148%
$2,719
Property Taxes
15%
$284
Home Insurance
10%
$186
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0