This property looks like a bad Long-Term investment with a projected -18.72% first-year return on $110k initial cash invested.
-18.72%
Cash On Cash
2.75%
Cap Rate
0.43
DSCR
$2,025
Rent
-$1,720
Cashflow
Cash Flow
$2,025 income − $3,745 expenses = $1,720 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,025
Total Expenses
$3,745
Mortgage P&I
139%
$2,821
Property Taxes
11%
$214
Home Insurance
9%
$184
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0