This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $110k initial cash invested.
-16.19%
Cash On Cash
3.57%
Cap Rate
0.53
DSCR
$2,545
Rent
-$1,486
Cashflow
Cash Flow
$2,545 income − $4,031 expenses = $1,486 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,246
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,545
Total Expenses
$4,031
Mortgage P&I
115%
$2,919
Property Taxes
7%
$188
Home Insurance
8%
$201
HOA
2%
$62
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0