This property looks like a bad Long-Term investment with a projected -17.09% first-year return on $109k initial cash invested.
-17.09%
Cash On Cash
2.92%
Cap Rate
0.47
DSCR
$2,343
Rent
-$1,555
Cashflow
Cash Flow
$2,343 income − $3,898 expenses = $1,555 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$104k
Closing costs
1%
$5,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,343
Total Expenses
$3,898
Mortgage P&I
115%
$2,702
Property Taxes
17%
$405
Home Insurance
8%
$182
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0