This property looks like a bad Long-Term investment with a projected -14.01% first-year return on $110k initial cash invested.
-14.01%
Cash On Cash
4.13%
Cap Rate
0.62
DSCR
$3,400
Rent
-$1,287
Cashflow
Cash Flow
$3,400 income − $4,687 expenses = $1,287 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,400
Total Expenses
$4,687
Mortgage P&I
86%
$2,923
Property Taxes
20%
$693
Home Insurance
5%
$184
HOA
0%
$3
Property Management
10%
$340
CapEx
5%
$170
Vacancy
6%
$204
Maintenance
5%
$170
Other
0%
$0