This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $111k initial cash invested.
-9.34%
Cash On Cash
5.27%
Cap Rate
0.77
DSCR
$3,661
Rent
-$861
Cashflow
Cash Flow
$3,661 income − $4,522 expenses = $861 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,265
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,661
Total Expenses
$4,522
Mortgage P&I
82%
$2,992
Property Taxes
11%
$386
Home Insurance
5%
$192
HOA
0%
$0
Property Management
10%
$366
CapEx
5%
$183
Vacancy
6%
$220
Maintenance
5%
$183
Other
0%
$0