This property looks like a bad Long-Term investment with a projected -17.01% first-year return on $110k initial cash invested.
-17.01%
Cash On Cash
3.36%
Cap Rate
0.51
DSCR
$2,459
Rent
-$1,563
Cashflow
Cash Flow
$2,459 income − $4,022 expenses = $1,563 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,459
Total Expenses
$4,022
Mortgage P&I
118%
$2,912
Property Taxes
12%
$286
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0