This property looks like a bad Long-Term investment with a projected -12.86% first-year return on $111k initial cash invested.
-12.86%
Cash On Cash
3.74%
Cap Rate
0.61
DSCR
$2,756
Rent
-$1,186
Cashflow
Cash Flow
$2,756 income − $3,942 expenses = $1,186 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,269
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,756
Total Expenses
$3,942
Mortgage P&I
98%
$2,690
Property Taxes
13%
$360
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0