This property looks like a bad Long-Term investment with a projected -17.06% first-year return on $110k initial cash invested.
-17.06%
Cash On Cash
3.13%
Cap Rate
0.48
DSCR
$2,155
Rent
-$1,567
Cashflow
Cash Flow
$2,155 income − $3,722 expenses = $1,567 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,155
Total Expenses
$3,722
Mortgage P&I
131%
$2,829
Property Taxes
7%
$148
Home Insurance
9%
$184
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0