This property looks like a bad Long-Term investment with a projected -15.19% first-year return on $112k initial cash invested.
-15.19%
Cash On Cash
3.37%
Cap Rate
0.54
DSCR
$3,310
Rent
-$1,416
Cashflow
Cash Flow
$3,310 income − $4,726 expenses = $1,416 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,310
Total Expenses
$4,726
Mortgage P&I
83%
$2,746
Property Taxes
27%
$886
Home Insurance
6%
$189
HOA
1%
$43
Property Management
10%
$331
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0