This property looks like a bad Long-Term investment with a projected -26.56% first-year return on $375k initial cash invested.
-26.56%
Cash On Cash
1.19%
Cap Rate
0.18
DSCR
$4,632
Rent
-$8,303
Cashflow
Cash Flow
$4,632 income − $12,935 expenses = $8,303 out of pocket
Investment Breakdown
|
Purchase Price
$1786k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$375k
Downpayment
20%
$357k
Closing costs
1%
$17,862
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,632
Total Expenses
$12,935
Mortgage P&I
213%
$9,847
Property Taxes
27%
$1,235
Home Insurance
14%
$648
HOA
0%
$0
Property Management
10%
$463
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0