This property looks like a bad Long-Term investment with a projected -13.37% first-year return on $105k initial cash invested.
-13.37%
Cash On Cash
3.91%
Cap Rate
0.61
DSCR
$2,782
Rent
-$1,173
Cashflow
Cash Flow
$2,782 income − $3,955 expenses = $1,173 out of pocket
Investment Breakdown
|
Purchase Price
$501k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$100k
Closing costs
1%
$5,012
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,782
Total Expenses
$3,955
Mortgage P&I
96%
$2,666
Property Taxes
14%
$382
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$278
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0