This property looks like a bad Long-Term investment with a projected -8.16% first-year return on $110k initial cash invested.
-8.16%
Cash On Cash
5.31%
Cap Rate
0.8
DSCR
$3,547
Rent
-$750
Cashflow
Cash Flow
$3,547 income − $4,297 expenses = $750 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,254
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,547
Total Expenses
$4,297
Mortgage P&I
82%
$2,900
Property Taxes
8%
$284
Home Insurance
5%
$191
HOA
0%
$0
Property Management
10%
$355
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0