This property looks like a bad Long-Term investment with a projected -29.08% first-year return on $111k initial cash invested.
-29.08%
Cash On Cash
0.57%
Cap Rate
0.09
DSCR
$1,354
Rent
-$2,699
Cashflow
Cash Flow
$1,354 income − $4,053 expenses = $2,699 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,304
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,354
Total Expenses
$4,053
Mortgage P&I
213%
$2,884
Property Taxes
46%
$625
Home Insurance
14%
$192
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0