This property looks like a bad Long-Term investment with a projected -26.04% first-year return on $284k initial cash invested.
-26.04%
Cash On Cash
0.86%
Cap Rate
0.14
DSCR
$1,823
Rent
-$6,151
Cashflow
Cash Flow
$1,823 income − $7,974 expenses = $6,151 out of pocket
Investment Breakdown
|
Purchase Price
$1350k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$284k
Downpayment
20%
$270k
Closing costs
1%
$13,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,823
Total Expenses
$7,974
Mortgage P&I
385%
$7,022
Property Taxes
0%
$7
Home Insurance
26%
$472
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0