This property looks like a bad Long-Term investment with a projected -24.94% first-year return on $382k initial cash invested.
-24.94%
Cash On Cash
1.42%
Cap Rate
0.22
DSCR
$5,696
Rent
-$7,932
Cashflow
Cash Flow
$5,696 income − $13,628 expenses = $7,932 out of pocket
Investment Breakdown
|
Purchase Price
$1817k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$382k
Downpayment
20%
$363k
Closing costs
1%
$18,173
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,696
Total Expenses
$13,628
Mortgage P&I
172%
$9,790
Property Taxes
30%
$1,705
Home Insurance
11%
$651
HOA
0%
$0
Property Management
10%
$570
CapEx
5%
$285
Vacancy
6%
$342
Maintenance
5%
$285
Other
0%
$0