This property looks like a bad Long-Term investment with a projected -13.11% first-year return on $110k initial cash invested.
-13.11%
Cash On Cash
3.63%
Cap Rate
0.6
DSCR
$3,043
Rent
-$1,205
Cashflow
Cash Flow
$3,043 income − $4,248 expenses = $1,205 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,251
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,043
Total Expenses
$4,248
Mortgage P&I
87%
$2,643
Property Taxes
21%
$625
Home Insurance
6%
$189
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0