This property looks like a bad Long-Term investment with a projected -16.83% first-year return on $110k initial cash invested.
-16.83%
Cash On Cash
2.82%
Cap Rate
0.46
DSCR
$2,183
Rent
-$1,546
Cashflow
Cash Flow
$2,183 income − $3,729 expenses = $1,546 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,183
Total Expenses
$3,729
Mortgage P&I
122%
$2,669
Property Taxes
14%
$309
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0