This property looks like a bad Long-Term investment with a projected -17.03% first-year return on $110k initial cash invested.
-17.03%
Cash On Cash
3.25%
Cap Rate
0.5
DSCR
$2,453
Rent
-$1,565
Cashflow
Cash Flow
$2,453 income − $4,018 expenses = $1,565 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,453
Total Expenses
$4,018
Mortgage P&I
117%
$2,865
Property Taxes
13%
$331
Home Insurance
8%
$184
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0