This property looks like a bad Long-Term investment with a projected -11.6% first-year return on $109k initial cash invested.
-11.6%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$3,207
Rent
-$1,056
Cashflow
Cash Flow
$3,207 income − $4,263 expenses = $1,056 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,207
Total Expenses
$4,263
Mortgage P&I
88%
$2,814
Property Taxes
14%
$444
Home Insurance
5%
$172
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$160
Vacancy
6%
$192
Maintenance
5%
$160
Other
0%
$0