This property looks like a bad Long-Term investment with a projected -25.89% first-year return on $333k initial cash invested.
-25.89%
Cash On Cash
1.34%
Cap Rate
0.2
DSCR
$5,134
Rent
-$7,183
Cashflow
Cash Flow
$5,134 income − $12,317 expenses = $7,183 out of pocket
Investment Breakdown
|
Purchase Price
$1585k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$333k
Downpayment
20%
$317k
Closing costs
1%
$15,854
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,134
Total Expenses
$12,317
Mortgage P&I
169%
$8,700
Property Taxes
28%
$1,458
Home Insurance
11%
$578
HOA
5%
$246
Property Management
10%
$513
CapEx
5%
$257
Vacancy
6%
$308
Maintenance
5%
$257
Other
0%
$0