This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $111k initial cash invested.
-12.1%
Cash On Cash
3.96%
Cap Rate
0.65
DSCR
$3,266
Rent
-$1,117
Cashflow
Cash Flow
$3,266 income − $4,383 expenses = $1,117 out of pocket
Investment Breakdown
|
Purchase Price
$528k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,277
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,266
Total Expenses
$4,383
Mortgage P&I
83%
$2,697
Property Taxes
20%
$662
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$327
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0