This property looks like a bad Long-Term investment with a projected -17.74% first-year return on $110k initial cash invested.
-17.74%
Cash On Cash
3.08%
Cap Rate
0.47
DSCR
$2,224
Rent
-$1,630
Cashflow
Cash Flow
$2,224 income − $3,854 expenses = $1,630 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
$2,224
Total Expenses
$3,854
Mortgage P&I
129%
$2,865
Property Taxes
10%
$228
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0