This property looks like a bad Long-Term investment with a projected -14.3% first-year return on $110k initial cash invested.
-14.3%
Cash On Cash
4.04%
Cap Rate
0.6
DSCR
$2,912
Rent
-$1,313
Cashflow
Cash Flow
$2,912 income − $4,225 expenses = $1,313 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,912
Total Expenses
$4,225
Mortgage P&I
101%
$2,933
Property Taxes
12%
$350
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0