This property looks like a bad Long-Term investment with a projected -25.73% first-year return on $356k initial cash invested.
-25.73%
Cash On Cash
1.43%
Cap Rate
0.21
DSCR
$4,214
Rent
-$7,633
Cashflow
Cash Flow
$4,214 income − $11,847 expenses = $7,633 out of pocket
Investment Breakdown
|
Purchase Price
$1695k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$356k
Downpayment
20%
$339k
Closing costs
1%
$16,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,214
Total Expenses
$11,847
Mortgage P&I
224%
$9,435
Property Taxes
16%
$688
Home Insurance
15%
$628
HOA
0%
$0
Property Management
10%
$421
CapEx
5%
$211
Vacancy
6%
$253
Maintenance
5%
$211
Other
0%
$0