This property looks like a bad Long-Term investment with a projected -21.71% first-year return on $105k initial cash invested.
-21.71%
Cash On Cash
1.97%
Cap Rate
0.31
DSCR
$1,719
Rent
-$1,899
Cashflow
Cash Flow
$1,719 income − $3,618 expenses = $1,899 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,960
Closing costs
1%
$4,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,719
Total Expenses
$3,618
Mortgage P&I
153%
$2,632
Property Taxes
21%
$364
Home Insurance
10%
$175
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0