This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $113k initial cash invested.
-12.24%
Cash On Cash
4.43%
Cap Rate
0.67
DSCR
$3,275
Rent
-$1,149
Cashflow
Cash Flow
$3,275 income − $4,424 expenses = $1,149 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,363
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,275
Total Expenses
$4,424
Mortgage P&I
90%
$2,963
Property Taxes
13%
$417
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$196
Maintenance
5%
$164
Other
0%
$0