This property looks like a bad Long-Term investment with a projected -17.56% first-year return on $110k initial cash invested.
-17.56%
Cash On Cash
3.15%
Cap Rate
0.48
DSCR
$2,532
Rent
-$1,613
Cashflow
Cash Flow
$2,532 income − $4,145 expenses = $1,613 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
$2,532
Total Expenses
$4,145
Mortgage P&I
113%
$2,865
Property Taxes
17%
$437
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0