This property looks like a bad Long-Term investment with a projected -29.33% first-year return on $525k initial cash invested.
-29.33%
Cash On Cash
0.27%
Cap Rate
0.04
DSCR
$1,885
Rent
-$12,832
Cashflow
Cash Flow
$1,885 income − $14,717 expenses = $12,832 out of pocket
Investment Breakdown
|
Purchase Price
$2500k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$525k
Downpayment
20%
$500k
Closing costs
1%
$25,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,885
Total Expenses
$14,717
Mortgage P&I
706%
$13,303
Property Taxes
3%
$50
Home Insurance
46%
$875
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0