This property looks like a bad Long-Term investment with a projected -15.79% first-year return on $110k initial cash invested.
-15.79%
Cash On Cash
3.37%
Cap Rate
0.52
DSCR
$2,324
Rent
-$1,451
Cashflow
Cash Flow
$2,324 income − $3,775 expenses = $1,451 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,324
Total Expenses
$3,775
Mortgage P&I
121%
$2,808
Property Taxes
8%
$180
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0