This property looks like a bad Long-Term investment with a projected -19.31% first-year return on $288k initial cash invested.
-19.31%
Cash On Cash
2.84%
Cap Rate
0.43
DSCR
$5,632
Rent
-$4,638
Cashflow
Cash Flow
$5,632 income − $10,270 expenses = $4,638 out of pocket
Investment Breakdown
|
Purchase Price
$1373k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$288k
Downpayment
20%
$275k
Closing costs
1%
$13,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,632
Total Expenses
$10,270
Mortgage P&I
135%
$7,602
Property Taxes
13%
$713
Home Insurance
9%
$490
HOA
0%
$0
Property Management
10%
$563
CapEx
5%
$282
Vacancy
6%
$338
Maintenance
5%
$282
Other
0%
$0