This property looks like a bad Long-Term investment with a projected -13.15% first-year return on $110k initial cash invested.
-13.15%
Cash On Cash
4.17%
Cap Rate
0.63
DSCR
$2,857
Rent
-$1,208
Cashflow
Cash Flow
$2,857 income − $4,065 expenses = $1,208 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
$2,857
Total Expenses
$4,065
Mortgage P&I
101%
$2,888
Property Taxes
9%
$250
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0