This property looks like a bad Long-Term investment with a projected -19.93% first-year return on $110k initial cash invested.
-19.93%
Cash On Cash
2.02%
Cap Rate
0.34
DSCR
$1,672
Rent
-$1,831
Cashflow
Cash Flow
$1,672 income − $3,503 expenses = $1,831 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.4%
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
$1,672
Total Expenses
$3,503
Mortgage P&I
157%
$2,630
Property Taxes
15%
$254
Home Insurance
11%
$184
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0