This property looks like a bad Long-Term investment with a projected -14.62% first-year return on $112k initial cash invested.
-14.62%
Cash On Cash
4.06%
Cap Rate
0.6
DSCR
$3,265
Rent
-$1,365
Cashflow
Cash Flow
$3,265 income − $4,630 expenses = $1,365 out of pocket
Investment Breakdown
|
Purchase Price
$534k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,336
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,265
Total Expenses
$4,630
Mortgage P&I
92%
$3,006
Property Taxes
18%
$590
Home Insurance
6%
$186
HOA
0%
$0
Property Management
10%
$326
CapEx
5%
$163
Vacancy
6%
$196
Maintenance
5%
$163
Other
0%
$0