This property looks like a bad Long-Term investment with a projected -20.06% first-year return on $110k initial cash invested.
-20.06%
Cash On Cash
2.68%
Cap Rate
0.41
DSCR
$2,435
Rent
-$1,843
Cashflow
Cash Flow
$2,435 income − $4,278 expenses = $1,843 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%
$5,251
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,435
Total Expenses
$4,278
Mortgage P&I
119%
$2,894
Property Taxes
21%
$522
Home Insurance
9%
$228
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0