This property looks like a bad Long-Term investment with a projected -24.3% first-year return on $287k initial cash invested.
-24.3%
Cash On Cash
1.74%
Cap Rate
0.26
DSCR
$4,345
Rent
-$5,815
Cashflow
Cash Flow
$4,345 income − $10,160 expenses = $5,815 out of pocket
Investment Breakdown
|
Purchase Price
$1367k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$273k
Closing costs
1%
$13,673
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,345
Total Expenses
$10,160
Mortgage P&I
175%
$7,583
Property Taxes
22%
$958
Home Insurance
11%
$490
HOA
0%
$0
Property Management
10%
$434
CapEx
5%
$217
Vacancy
6%
$261
Maintenance
5%
$217
Other
0%
$0