This property looks like a bad Long-Term investment with a projected -1.23% first-year return on $110k initial cash invested.
-1.23%
Cash On Cash
6.31%
Cap Rate
1.03
DSCR
$3,908
Rent
-$113
Cashflow
Cash Flow
$3,908 income − $4,021 expenses = $113 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,908
Total Expenses
$4,021
Mortgage P&I
69%
$2,678
Property Taxes
4%
$144
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$391
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0