This property looks like a bad Long-Term investment with a projected -16.54% first-year return on $105k initial cash invested.
-16.54%
Cash On Cash
3.66%
Cap Rate
0.54
DSCR
$2,686
Rent
-$1,447
Cashflow
Cash Flow
$2,686 income − $4,133 expenses = $1,447 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,980
Closing costs
1%
$4,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,686
Total Expenses
$4,133
Mortgage P&I
106%
$2,837
Property Taxes
13%
$350
Home Insurance
7%
$175
HOA
3%
$73
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0