This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $113k initial cash invested.
-8.62%
Cash On Cash
4.73%
Cap Rate
0.77
DSCR
$3,708
Rent
-$809
Cashflow
Cash Flow
$3,708 income − $4,517 expenses = $809 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,362
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,708
Total Expenses
$4,517
Mortgage P&I
74%
$2,736
Property Taxes
17%
$629
Home Insurance
5%
$189
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0