This property looks like a bad Long-Term investment with a projected -14.08% first-year return on $111k initial cash invested.
-14.08%
Cash On Cash
4%
Cap Rate
0.61
DSCR
$3,949
Rent
-$1,307
Cashflow
Cash Flow
$3,949 income − $5,256 expenses = $1,307 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,304
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,949
Total Expenses
$5,256
Mortgage P&I
73%
$2,880
Property Taxes
29%
$1,163
Home Insurance
5%
$187
HOA
0%
$0
Property Management
10%
$395
CapEx
5%
$197
Vacancy
6%
$237
Maintenance
5%
$197
Other
0%
$0