This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $107k initial cash invested.
-13.48%
Cash On Cash
4.25%
Cap Rate
0.64
DSCR
$3,404
Rent
-$1,208
Cashflow
Cash Flow
$3,404 income − $4,612 expenses = $1,208 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,404
Total Expenses
$4,612
Mortgage P&I
84%
$2,853
Property Taxes
20%
$697
Home Insurance
5%
$178
HOA
0%
$0
Property Management
10%
$340
CapEx
5%
$170
Vacancy
6%
$204
Maintenance
5%
$170
Other
0%
$0