This property looks like a bad Long-Term investment with a projected -0.94% first-year return on $107k initial cash invested.
-0.94%
Cash On Cash
6.45%
Cap Rate
1.04
DSCR
$3,840
Rent
-$84
Cashflow
Cash Flow
$3,840 income − $3,924 expenses = $84 out of pocket
Investment Breakdown
|
Purchase Price
$510k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,102
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,840
Total Expenses
$3,924
Mortgage P&I
69%
$2,633
Property Taxes
3%
$101
Home Insurance
5%
$192
HOA
0%
$0
Property Management
10%
$384
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0