This property looks like a bad Long-Term investment with a projected -19.72% first-year return on $110k initial cash invested.
-19.72%
Cash On Cash
2.61%
Cap Rate
0.4
DSCR
$1,853
Rent
-$1,810
Cashflow
Cash Flow
$1,853 income − $3,663 expenses = $1,810 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%
$5,245
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,853
Total Expenses
$3,663
Mortgage P&I
154%
$2,856
Property Taxes
8%
$141
Home Insurance
10%
$184
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0