This property looks like a bad Long-Term investment with a projected -20.36% first-year return on $284k initial cash invested.
-20.36%
Cash On Cash
2.22%
Cap Rate
0.35
DSCR
$4,936
Rent
-$4,824
Cashflow
Cash Flow
$4,936 income − $9,760 expenses = $4,824 out of pocket
Investment Breakdown
|
Purchase Price
$1354k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$284k
Downpayment
20%
$271k
Closing costs
1%
$13,538
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,936
Total Expenses
$9,760
Mortgage P&I
144%
$7,084
Property Taxes
21%
$1,015
Home Insurance
7%
$349
HOA
1%
$28
Property Management
10%
$494
CapEx
5%
$247
Vacancy
6%
$296
Maintenance
5%
$247
Other
0%
$0