This property looks like a bad Long-Term investment with a projected -20.55% first-year return on $274k initial cash invested.
-20.55%
Cash On Cash
2.1%
Cap Rate
0.34
DSCR
$4,404
Rent
-$4,685
Cashflow
Cash Flow
$4,404 income − $9,089 expenses = $4,685 out of pocket
Investment Breakdown
|
Purchase Price
$1303k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$274k
Downpayment
20%
$261k
Closing costs
1%
$13,030
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,404
Total Expenses
$9,089
Mortgage P&I
153%
$6,746
Property Taxes
16%
$709
Home Insurance
11%
$490
HOA
0%
$0
Property Management
10%
$440
CapEx
5%
$220
Vacancy
6%
$264
Maintenance
5%
$220
Other
0%
$0