This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $110k initial cash invested.
-13.82%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$3,434
Rent
-$1,272
Cashflow
Cash Flow
$3,434 income − $4,706 expenses = $1,272 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,259
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,434
Total Expenses
$4,706
Mortgage P&I
84%
$2,880
Property Taxes
22%
$749
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$343
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0