This property looks like a bad Long-Term investment with a projected -11.62% first-year return on $106k initial cash invested.
-11.62%
Cash On Cash
4.63%
Cap Rate
0.69
DSCR
$3,331
Rent
-$1,025
Cashflow
Cash Flow
$3,331 income − $4,356 expenses = $1,025 out of pocket
Investment Breakdown
|
Purchase Price
$504k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$101k
Closing costs
1%
$5,041
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,331
Total Expenses
$4,356
Mortgage P&I
84%
$2,805
Property Taxes
17%
$553
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0