This property looks like a bad Long-Term investment with a projected -17.51% first-year return on $111k initial cash invested.
-17.51%
Cash On Cash
3.33%
Cap Rate
0.5
DSCR
$2,814
Rent
-$1,623
Cashflow
Cash Flow
$2,814 income − $4,437 expenses = $1,623 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,298
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,814
Total Expenses
$4,437
Mortgage P&I
105%
$2,954
Property Taxes
20%
$566
Home Insurance
7%
$185
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0