This property looks like a bad Long-Term investment with a projected -13.09% first-year return on $109k initial cash invested.
-13.09%
Cash On Cash
4.16%
Cap Rate
0.64
DSCR
$3,275
Rent
-$1,190
Cashflow
Cash Flow
$3,275 income − $4,465 expenses = $1,190 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,195
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,275
Total Expenses
$4,465
Mortgage P&I
86%
$2,829
Property Taxes
18%
$600
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0