This property looks like a bad Long-Term investment with a projected -28.94% first-year return on $525k initial cash invested.
-28.94%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$3,858
Rent
-$12,662
Cashflow
Cash Flow
$3,858 income − $16,520 expenses = $12,662 out of pocket
Investment Breakdown
|
Purchase Price
$2500k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$525k
Downpayment
20%
$500k
Closing costs
1%
$25,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,858
Total Expenses
$16,520
Mortgage P&I
340%
$13,128
Property Taxes
39%
$1,514
Home Insurance
23%
$875
HOA
0%
$0
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$231
Maintenance
5%
$193
Other
0%
$0