This property looks like a bad Long-Term investment with a projected -21.06% first-year return on $111k initial cash invested.
-21.06%
Cash On Cash
2.59%
Cap Rate
0.39
DSCR
$3,157
Rent
-$1,947
Cashflow
Cash Flow
$3,157 income − $5,104 expenses = $1,947 out of pocket
Investment Breakdown
|
Purchase Price
$528k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,282
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,157
Total Expenses
$5,104
Mortgage P&I
93%
$2,927
Property Taxes
37%
$1,164
Home Insurance
6%
$192
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0