This property looks like a bad Long-Term investment with a projected -18.59% first-year return on $110k initial cash invested.
-18.59%
Cash On Cash
2.8%
Cap Rate
0.43
DSCR
$2,039
Rent
-$1,708
Cashflow
Cash Flow
$2,039 income − $3,747 expenses = $1,708 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,039
Total Expenses
$3,747
Mortgage P&I
139%
$2,829
Property Taxes
10%
$204
Home Insurance
9%
$184
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0