This property looks like a bad Long-Term investment with a projected -27.36% first-year return on $288k initial cash invested.
-27.36%
Cash On Cash
0.69%
Cap Rate
0.11
DSCR
$3,876
Rent
-$6,560
Cashflow
Cash Flow
$3,876 income − $10,436 expenses = $6,560 out of pocket
Investment Breakdown
|
Purchase Price
$1370k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$288k
Downpayment
20%
$274k
Closing costs
1%
$13,702
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,876
Total Expenses
$10,436
Mortgage P&I
185%
$7,155
Property Taxes
34%
$1,332
Home Insurance
19%
$752
HOA
5%
$188
Property Management
10%
$388
CapEx
5%
$194
Vacancy
6%
$233
Maintenance
5%
$194
Other
0%
$0