This property looks like a bad Long-Term investment with a projected -17.26% first-year return on $110k initial cash invested.
-17.26%
Cash On Cash
3.2%
Cap Rate
0.49
DSCR
$2,310
Rent
-$1,586
Cashflow
Cash Flow
$2,310 income − $3,896 expenses = $1,586 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,310
Total Expenses
$3,896
Mortgage P&I
124%
$2,872
Property Taxes
10%
$238
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0