This property looks like a bad Long-Term investment with a projected -19.78% first-year return on $110k initial cash invested.
-19.78%
Cash On Cash
2.68%
Cap Rate
0.41
DSCR
$2,322
Rent
-$1,817
Cashflow
Cash Flow
$2,322 income − $4,139 expenses = $1,817 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
$2,322
Total Expenses
$4,139
Mortgage P&I
124%
$2,875
Property Taxes
21%
$477
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0