This property looks like a bad Long-Term investment with a projected -20.97% first-year return on $111k initial cash invested.
-20.97%
Cash On Cash
2.49%
Cap Rate
0.37
DSCR
$1,889
Rent
-$1,936
Cashflow
Cash Flow
$1,889 income − $3,825 expenses = $1,936 out of pocket
Investment Breakdown
|
Purchase Price
$528k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$106k
Closing costs
1%
$5,275
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,889
Total Expenses
$3,825
Mortgage P&I
155%
$2,937
Property Taxes
11%
$213
Home Insurance
10%
$185
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0