This property looks like a bad Long-Term investment with a projected -17.87% first-year return on $105k initial cash invested.
-17.87%
Cash On Cash
3.14%
Cap Rate
0.47
DSCR
$2,015
Rent
-$1,562
Cashflow
Cash Flow
$2,015 income − $3,577 expenses = $1,562 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,900
Closing costs
1%
$4,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,015
Total Expenses
$3,577
Mortgage P&I
137%
$2,768
Property Taxes
5%
$109
Home Insurance
9%
$175
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0