This property looks like a bad Long-Term investment with a projected -20.72% first-year return on $108k initial cash invested.
-20.72%
Cash On Cash
1.98%
Cap Rate
0.32
DSCR
$1,786
Rent
-$1,858
Cashflow
Cash Flow
$1,786 income − $3,644 expenses = $1,858 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$102k
Closing costs
1%
$5,123
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,786
Total Expenses
$3,644
Mortgage P&I
146%
$2,616
Property Taxes
21%
$379
Home Insurance
9%
$168
HOA
1%
$17
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0