This property looks like a bad Long-Term investment with a projected -27.58% first-year return on $282k initial cash invested.
-27.58%
Cash On Cash
0.93%
Cap Rate
0.14
DSCR
$3,478
Rent
-$6,484
Cashflow
Cash Flow
$3,478 income − $9,962 expenses = $6,484 out of pocket
Investment Breakdown
|
Purchase Price
$1343k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$282k
Downpayment
20%
$269k
Closing costs
1%
$13,434
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,478
Total Expenses
$9,962
Mortgage P&I
211%
$7,348
Property Taxes
35%
$1,221
Home Insurance
14%
$488
HOA
0%
$0
Property Management
10%
$348
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0