This property looks like a bad Long-Term investment with a projected -28.3% first-year return on $525k initial cash invested.
-28.3%
Cash On Cash
1.08%
Cap Rate
0.16
DSCR
$5,288
Rent
-$12,380
Cashflow
Cash Flow
$5,288 income − $17,668 expenses = $12,380 out of pocket
Investment Breakdown
|
Purchase Price
$2500k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$525k
Downpayment
20%
$500k
Closing costs
1%
$25,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,288
Total Expenses
$17,668
Mortgage P&I
272%
$14,361
Property Taxes
20%
$1,058
Home Insurance
17%
$875
HOA
0%
$0
Property Management
10%
$529
CapEx
5%
$264
Vacancy
6%
$317
Maintenance
5%
$264
Other
0%
$0