This property looks like a bad Long-Term investment with a projected -8.31% first-year return on $105k initial cash invested.
-8.31%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$3,021
Rent
-$727
Cashflow
Cash Flow
$3,021 income − $3,748 expenses = $727 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,946
Closing costs
1%
$4,997
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,021
Total Expenses
$3,748
Mortgage P&I
89%
$2,679
Property Taxes
4%
$109
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0