This property looks like a bad Long-Term investment with a projected -13.99% first-year return on $112k initial cash invested.
-13.99%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$3,423
Rent
-$1,310
Cashflow
Cash Flow
$3,423 income − $4,733 expenses = $1,310 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,423
Total Expenses
$4,733
Mortgage P&I
87%
$2,983
Property Taxes
20%
$677
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$342
CapEx
5%
$171
Vacancy
6%
$205
Maintenance
5%
$171
Other
0%
$0