This property looks like a bad Long-Term investment with a projected -18.83% first-year return on $110k initial cash invested.
-18.83%
Cash On Cash
2.58%
Cap Rate
0.41
DSCR
$1,926
Rent
-$1,730
Cashflow
Cash Flow
$1,926 income − $3,656 expenses = $1,730 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,926
Total Expenses
$3,656
Mortgage P&I
144%
$2,764
Property Taxes
11%
$207
Home Insurance
10%
$184
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$96
Vacancy
6%
$116
Maintenance
5%
$96
Other
0%
$0