This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $110k initial cash invested.
-12.53%
Cash On Cash
4.21%
Cap Rate
0.65
DSCR
$3,217
Rent
-$1,151
Cashflow
Cash Flow
$3,217 income − $4,368 expenses = $1,151 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
$3,217
Total Expenses
$4,368
Mortgage P&I
88%
$2,831
Property Taxes
16%
$516
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0