This property looks like a bad Long-Term investment with a projected -26.96% first-year return on $109k initial cash invested.
-26.96%
Cash On Cash
1.06%
Cap Rate
0.16
DSCR
$1,572
Rent
-$2,453
Cashflow
Cash Flow
$1,572 income − $4,025 expenses = $2,453 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,572
Total Expenses
$4,025
Mortgage P&I
180%
$2,832
Property Taxes
38%
$602
Home Insurance
12%
$182
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0