This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $109k initial cash invested.
-11.38%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$3,724
Rent
-$1,033
Cashflow
Cash Flow
$3,724 income − $4,757 expenses = $1,033 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,186
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,724
Total Expenses
$4,757
Mortgage P&I
77%
$2,877
Property Taxes
20%
$738
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$372
CapEx
5%
$186
Vacancy
6%
$223
Maintenance
5%
$186
Other
0%
$0