This property looks like a bad Long-Term investment with a projected -13.56% first-year return on $110k initial cash invested.
-13.56%
Cash On Cash
3.66%
Cap Rate
0.59
DSCR
$2,750
Rent
-$1,246
Cashflow
Cash Flow
$2,750 income − $3,996 expenses = $1,246 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,750
Total Expenses
$3,996
Mortgage P&I
99%
$2,709
Property Taxes
14%
$387
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0