This property looks like a bad Long-Term investment with a projected -7.01% first-year return on $110k initial cash invested.
-7.01%
Cash On Cash
5.34%
Cap Rate
0.84
DSCR
$3,810
Rent
-$644
Cashflow
Cash Flow
$3,810 income − $4,454 expenses = $644 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
$3,810
Total Expenses
$4,454
Mortgage P&I
73%
$2,791
Property Taxes
13%
$489
Home Insurance
5%
$184
HOA
0%
$0
Property Management
10%
$381
CapEx
5%
$190
Vacancy
6%
$229
Maintenance
5%
$190
Other
0%
$0