This property looks like a bad Long-Term investment with a projected -19.9% first-year return on $105k initial cash invested.
-19.9%
Cash On Cash
2.69%
Cap Rate
0.41
DSCR
$2,111
Rent
-$1,741
Cashflow
Cash Flow
$2,111 income − $3,852 expenses = $1,741 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,980
Closing costs
1%
$4,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,111
Total Expenses
$3,852
Mortgage P&I
131%
$2,756
Property Taxes
18%
$371
Home Insurance
8%
$175
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0