This property looks like a bad Long-Term investment with a projected -9.68% first-year return on $108k initial cash invested.
-9.68%
Cash On Cash
4.67%
Cap Rate
0.74
DSCR
$3,329
Rent
-$868
Cashflow
Cash Flow
$3,329 income − $4,197 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$513k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$103k
Closing costs
1%
$5,126
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,329
Total Expenses
$4,197
Mortgage P&I
81%
$2,696
Property Taxes
14%
$456
Home Insurance
5%
$180
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0