This property looks like a bad Long-Term investment with a projected -27.23% first-year return on $335k initial cash invested.
-27.23%
Cash On Cash
1.01%
Cap Rate
0.15
DSCR
$4,436
Rent
-$7,611
Cashflow
Cash Flow
$4,436 income − $12,047 expenses = $7,611 out of pocket
Investment Breakdown
|
Purchase Price
$1597k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$335k
Downpayment
20%
$319k
Closing costs
1%
$15,972
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,436
Total Expenses
$12,047
Mortgage P&I
197%
$8,737
Property Taxes
36%
$1,579
Home Insurance
13%
$577
HOA
0%
$0
Property Management
10%
$444
CapEx
5%
$222
Vacancy
6%
$266
Maintenance
5%
$222
Other
0%
$0