This property looks like a bad Long-Term investment with a projected -18.99% first-year return on $110k initial cash invested.
-18.99%
Cash On Cash
2.86%
Cap Rate
0.44
DSCR
$2,873
Rent
-$1,745
Cashflow
Cash Flow
$2,873 income − $4,618 expenses = $1,745 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,873
Total Expenses
$4,618
Mortgage P&I
99%
$2,853
Property Taxes
29%
$834
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$287
CapEx
5%
$144
Vacancy
6%
$172
Maintenance
5%
$144
Other
0%
$0