This property looks like a bad Long-Term investment with a projected -31.57% first-year return on $525k initial cash invested.
-31.57%
Cash On Cash
0.01%
Cap Rate
0
DSCR
$2,043
Rent
-$13,811
Cashflow
Cash Flow
$2,043 income − $15,854 expenses = $13,811 out of pocket
Investment Breakdown
|
Purchase Price
$2500k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$525k
Downpayment
20%
$500k
Closing costs
1%
$25,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$15,854
Mortgage P&I
672%
$13,728
Property Taxes
35%
$720
Home Insurance
43%
$875
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0