This property looks like a bad Long-Term investment with a projected -15.93% first-year return on $112k initial cash invested.
-15.93%
Cash On Cash
3.34%
Cap Rate
0.52
DSCR
$2,818
Rent
-$1,484
Cashflow
Cash Flow
$2,818 income − $4,302 expenses = $1,484 out of pocket
Investment Breakdown
|
Purchase Price
$532k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$106k
Closing costs
1%
$5,322
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,818
Total Expenses
$4,302
Mortgage P&I
100%
$2,825
Property Taxes
19%
$542
Home Insurance
7%
$202
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0