This property looks like a bad Long-Term investment with a projected -8.58% first-year return on $111k initial cash invested.
-8.58%
Cash On Cash
4.99%
Cap Rate
0.78
DSCR
$3,666
Rent
-$790
Cashflow
Cash Flow
$3,666 income − $4,456 expenses = $790 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,262
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,666
Total Expenses
$4,456
Mortgage P&I
76%
$2,795
Property Taxes
13%
$460
Home Insurance
7%
$248
HOA
0%
$0
Property Management
10%
$367
CapEx
5%
$183
Vacancy
6%
$220
Maintenance
5%
$183
Other
0%
$0