This property looks like a bad Long-Term investment with a projected -12.38% first-year return on $110k initial cash invested.
-12.38%
Cash On Cash
4.2%
Cap Rate
0.65
DSCR
$3,307
Rent
-$1,137
Cashflow
Cash Flow
$3,307 income − $4,444 expenses = $1,137 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,307
Total Expenses
$4,444
Mortgage P&I
85%
$2,809
Property Taxes
18%
$592
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$331
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0