This property looks like a bad Long-Term investment with a projected -13.43% first-year return on $112k initial cash invested.
-13.43%
Cash On Cash
4.02%
Cap Rate
0.62
DSCR
$2,750
Rent
-$1,256
Cashflow
Cash Flow
$2,750 income − $4,006 expenses = $1,256 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,750
Total Expenses
$4,006
Mortgage P&I
106%
$2,910
Property Taxes
7%
$188
Home Insurance
7%
$192
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0