This property looks like a bad Long-Term investment with a projected -13.87% first-year return on $108k initial cash invested.
-13.87%
Cash On Cash
4.22%
Cap Rate
0.63
DSCR
$4,069
Rent
-$1,243
Cashflow
Cash Flow
$4,069 income − $5,312 expenses = $1,243 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$102k
Closing costs
1%
$5,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,069
Total Expenses
$5,312
Mortgage P&I
70%
$2,841
Property Taxes
30%
$1,230
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$407
CapEx
5%
$203
Vacancy
6%
$244
Maintenance
5%
$203
Other
0%
$0