This property looks like a bad Long-Term investment with a projected -9.41% first-year return on $109k initial cash invested.
-9.41%
Cash On Cash
5.2%
Cap Rate
0.77
DSCR
$3,596
Rent
-$855
Cashflow
Cash Flow
$3,596 income − $4,451 expenses = $855 out of pocket
Investment Breakdown
|
Purchase Price
$519k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,190
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,596
Total Expenses
$4,451
Mortgage P&I
81%
$2,923
Property Taxes
11%
$410
Home Insurance
5%
$182
HOA
0%
$0
Property Management
10%
$360
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0