This property looks like a bad Long-Term investment with a projected -15.88% first-year return on $107k initial cash invested.
-15.88%
Cash On Cash
3.11%
Cap Rate
0.51
DSCR
$2,550
Rent
-$1,413
Cashflow
Cash Flow
$2,550 income − $3,963 expenses = $1,413 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,083
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,550
Total Expenses
$3,963
Mortgage P&I
102%
$2,601
Property Taxes
14%
$368
Home Insurance
7%
$180
HOA
6%
$150
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0