This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $112k initial cash invested.
-13.04%
Cash On Cash
4.19%
Cap Rate
0.64
DSCR
$3,182
Rent
-$1,220
Cashflow
Cash Flow
$3,182 income − $4,402 expenses = $1,220 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,182
Total Expenses
$4,402
Mortgage P&I
92%
$2,929
Property Taxes
14%
$457
Home Insurance
6%
$189
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0