This property looks like a bad Long-Term investment with a projected -16.07% first-year return on $110k initial cash invested.
-16.07%
Cash On Cash
3.21%
Cap Rate
0.51
DSCR
$2,179
Rent
-$1,476
Cashflow
Cash Flow
$2,179 income − $3,655 expenses = $1,476 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,179
Total Expenses
$3,655
Mortgage P&I
127%
$2,770
Property Taxes
6%
$134
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0