This property looks like a bad Long-Term investment with a projected -28.31% first-year return on $352k initial cash invested.
-28.31%
Cash On Cash
0.77%
Cap Rate
0.12
DSCR
$4,232
Rent
-$8,316
Cashflow
Cash Flow
$4,232 income − $12,548 expenses = $8,316 out of pocket
Investment Breakdown
|
Purchase Price
$1678k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$352k
Downpayment
20%
$336k
Closing costs
1%
$16,784
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,232
Total Expenses
$12,548
Mortgage P&I
217%
$9,181
Property Taxes
39%
$1,671
Home Insurance
14%
$595
HOA
0%
$0
Property Management
10%
$423
CapEx
5%
$212
Vacancy
6%
$254
Maintenance
5%
$212
Other
0%
$0