This property looks like a bad Long-Term investment with a projected -26.74% first-year return on $110k initial cash invested.
-26.74%
Cash On Cash
1.42%
Cap Rate
0.21
DSCR
$2,531
Rent
-$2,456
Cashflow
Cash Flow
$2,531 income − $4,987 expenses = $2,456 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%
$5,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,531
Total Expenses
$4,987
Mortgage P&I
117%
$2,952
Property Taxes
47%
$1,185
Home Insurance
8%
$191
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0