This property looks like a bad Long-Term investment with a projected -11.5% first-year return on $112k initial cash invested.
-11.5%
Cash On Cash
4.1%
Cap Rate
0.67
DSCR
$3,297
Rent
-$1,076
Cashflow
Cash Flow
$3,297 income − $4,373 expenses = $1,076 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,297
Total Expenses
$4,373
Mortgage P&I
83%
$2,738
Property Taxes
18%
$585
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0