This property looks like a bad Long-Term investment with a projected -15.17% first-year return on $110k initial cash invested.
-15.17%
Cash On Cash
3.78%
Cap Rate
0.57
DSCR
$2,786
Rent
-$1,394
Cashflow
Cash Flow
$2,786 income − $4,180 expenses = $1,394 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,252
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,786
Total Expenses
$4,180
Mortgage P&I
104%
$2,908
Property Taxes
13%
$363
Home Insurance
7%
$185
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0