This property looks like a bad Long-Term investment with a projected -23.58% first-year return on $279k initial cash invested.
-23.58%
Cash On Cash
1.96%
Cap Rate
0.29
DSCR
$4,335
Rent
-$5,474
Cashflow
Cash Flow
$4,335 income − $9,809 expenses = $5,474 out of pocket
Investment Breakdown
|
Purchase Price
$1326k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$279k
Downpayment
20%
$265k
Closing costs
1%
$13,264
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,335
Total Expenses
$9,809
Mortgage P&I
171%
$7,422
Property Taxes
6%
$264
Home Insurance
11%
$490
HOA
12%
$505
Property Management
10%
$434
CapEx
5%
$217
Vacancy
6%
$260
Maintenance
5%
$217
Other
0%
$0