This property looks like a bad Long-Term investment with a projected -14.3% first-year return on $109k initial cash invested.
-14.3%
Cash On Cash
4.09%
Cap Rate
0.61
DSCR
$3,765
Rent
-$1,300
Cashflow
Cash Flow
$3,765 income − $5,065 expenses = $1,300 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,195
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,765
Total Expenses
$5,065
Mortgage P&I
77%
$2,882
Property Taxes
27%
$1,030
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$376
CapEx
5%
$188
Vacancy
6%
$226
Maintenance
5%
$188
Other
0%
$0