This property looks like a bad Long-Term investment with a projected -12.95% first-year return on $110k initial cash invested.
-12.95%
Cash On Cash
4.16%
Cap Rate
0.63
DSCR
$2,827
Rent
-$1,190
Cashflow
Cash Flow
$2,827 income − $4,017 expenses = $1,190 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
$2,827
Total Expenses
$4,017
Mortgage P&I
102%
$2,871
Property Taxes
8%
$226
Home Insurance
7%
$184
HOA
0%
$1
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0