This property looks like a bad Long-Term investment with a projected -14.66% first-year return on $112k initial cash invested.
-14.66%
Cash On Cash
3.7%
Cap Rate
0.57
DSCR
$2,710
Rent
-$1,366
Cashflow
Cash Flow
$2,710 income − $4,076 expenses = $1,366 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$106k
Closing costs
1%
$5,323
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,710
Total Expenses
$4,076
Mortgage P&I
106%
$2,872
Property Taxes
12%
$323
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0