This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $112k initial cash invested.
-11.56%
Cash On Cash
4.66%
Cap Rate
0.7
DSCR
$3,690
Rent
-$1,079
Cashflow
Cash Flow
$3,690 income − $4,769 expenses = $1,079 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,690
Total Expenses
$4,769
Mortgage P&I
80%
$2,967
Property Taxes
18%
$656
Home Insurance
5%
$188
HOA
0%
$0
Property Management
10%
$369
CapEx
5%
$184
Vacancy
6%
$221
Maintenance
5%
$184
Other
0%
$0