This property looks like a bad Long-Term investment with a projected -16.91% first-year return on $111k initial cash invested.
-16.91%
Cash On Cash
3.28%
Cap Rate
0.5
DSCR
$2,831
Rent
-$1,558
Cashflow
Cash Flow
$2,831 income − $4,389 expenses = $1,558 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,265
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,831
Total Expenses
$4,389
Mortgage P&I
101%
$2,857
Property Taxes
20%
$568
Home Insurance
7%
$189
HOA
1%
$38
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0