This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $108k initial cash invested.
-9.66%
Cash On Cash
5.08%
Cap Rate
0.76
DSCR
$3,574
Rent
-$872
Cashflow
Cash Flow
$3,574 income − $4,446 expenses = $872 out of pocket
Investment Breakdown
|
Purchase Price
$516k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$103k
Closing costs
1%
$5,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,574
Total Expenses
$4,446
Mortgage P&I
80%
$2,874
Property Taxes
13%
$461
Home Insurance
5%
$182
HOA
0%
$0
Property Management
10%
$357
CapEx
5%
$179
Vacancy
6%
$214
Maintenance
5%
$179
Other
0%
$0