This property looks like a bad Long-Term investment with a projected -14.08% first-year return on $107k initial cash invested.
-14.08%
Cash On Cash
4.03%
Cap Rate
0.6
DSCR
$2,558
Rent
-$1,261
Cashflow
Cash Flow
$2,558 income − $3,819 expenses = $1,261 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,116
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,558
Total Expenses
$3,819
Mortgage P&I
111%
$2,851
Property Taxes
5%
$130
Home Insurance
7%
$173
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0