This property looks like a bad Long-Term investment with a projected -11.48% first-year return on $109k initial cash invested.
-11.48%
Cash On Cash
4.36%
Cap Rate
0.68
DSCR
$3,193
Rent
-$1,042
Cashflow
Cash Flow
$3,193 income − $4,235 expenses = $1,042 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,187
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,193
Total Expenses
$4,235
Mortgage P&I
87%
$2,766
Property Taxes
14%
$456
Home Insurance
6%
$182
HOA
0%
$0
Property Management
10%
$319
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0