This property looks like a bad Long-Term investment with a projected -16.76% first-year return on $112k initial cash invested.
-16.76%
Cash On Cash
3.55%
Cap Rate
0.53
DSCR
$3,351
Rent
-$1,568
Cashflow
Cash Flow
$3,351 income − $4,919 expenses = $1,568 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,346
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,351
Total Expenses
$4,919
Mortgage P&I
89%
$2,980
Property Taxes
26%
$881
Home Insurance
6%
$186
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0