This property looks like a bad Long-Term investment with a projected -14.61% first-year return on $110k initial cash invested.
-14.61%
Cash On Cash
3.86%
Cap Rate
0.59
DSCR
$3,078
Rent
-$1,342
Cashflow
Cash Flow
$3,078 income − $4,420 expenses = $1,342 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
$3,078
Total Expenses
$4,420
Mortgage P&I
93%
$2,876
Property Taxes
18%
$559
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0