This property looks like a bad Long-Term investment with a projected -18.6% first-year return on $107k initial cash invested.
-18.6%
Cash On Cash
2.98%
Cap Rate
0.45
DSCR
$2,185
Rent
-$1,666
Cashflow
Cash Flow
$2,185 income − $3,851 expenses = $1,666 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,185
Total Expenses
$3,851
Mortgage P&I
129%
$2,827
Property Taxes
10%
$213
Home Insurance
8%
$177
HOA
3%
$67
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0