This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $109k initial cash invested.
-15.31%
Cash On Cash
3.79%
Cap Rate
0.56
DSCR
$2,537
Rent
-$1,392
Cashflow
Cash Flow
$2,537 income − $3,929 expenses = $1,392 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,537
Total Expenses
$3,929
Mortgage P&I
115%
$2,906
Property Taxes
7%
$171
Home Insurance
8%
$192
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0