This property looks like a bad Long-Term investment with a projected -25.03% first-year return on $113k initial cash invested.
-25.03%
Cash On Cash
1.75%
Cap Rate
0.26
DSCR
$2,614
Rent
-$2,347
Cashflow
Cash Flow
$2,614 income − $4,961 expenses = $2,347 out of pocket
Investment Breakdown
|
Purchase Price
$536k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,358
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,614
Total Expenses
$4,961
Mortgage P&I
115%
$2,997
Property Taxes
41%
$1,067
Home Insurance
7%
$192
HOA
1%
$25
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0