This property looks like a bad Long-Term investment with a projected -27.61% first-year return on $368k initial cash invested.
-27.61%
Cash On Cash
0.65%
Cap Rate
0.1
DSCR
$2,612
Rent
-$8,457
Cashflow
Cash Flow
$2,612 income − $11,069 expenses = $8,457 out of pocket
Investment Breakdown
|
Purchase Price
$1750k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$368k
Downpayment
20%
$350k
Closing costs
1%
$17,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,612
Total Expenses
$11,069
Mortgage P&I
355%
$9,275
Property Taxes
19%
$502
Home Insurance
23%
$612
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0