This property looks like a bad Long-Term investment with a projected -13.87% first-year return on $113k initial cash invested.
-13.87%
Cash On Cash
4.06%
Cap Rate
0.61
DSCR
$3,210
Rent
-$1,301
Cashflow
Cash Flow
$3,210 income − $4,511 expenses = $1,301 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,360
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,210
Total Expenses
$4,511
Mortgage P&I
92%
$2,954
Property Taxes
16%
$504
Home Insurance
7%
$219
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$160
Vacancy
6%
$193
Maintenance
5%
$160
Other
0%
$0