This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $109k initial cash invested.
-17.77%
Cash On Cash
2.95%
Cap Rate
0.46
DSCR
$2,567
Rent
-$1,617
Cashflow
Cash Flow
$2,567 income − $4,184 expenses = $1,617 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,567
Total Expenses
$4,184
Mortgage P&I
108%
$2,766
Property Taxes
21%
$533
Home Insurance
7%
$189
HOA
1%
$29
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0