This property looks like a bad Long-Term investment with a projected -25.01% first-year return on $292k initial cash invested.
-25.01%
Cash On Cash
1.6%
Cap Rate
0.24
DSCR
$4,685
Rent
-$6,080
Cashflow
Cash Flow
$4,685 income − $10,765 expenses = $6,080 out of pocket
Investment Breakdown
|
Purchase Price
$1389k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$292k
Downpayment
20%
$278k
Closing costs
1%
$13,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,685
Total Expenses
$10,765
Mortgage P&I
164%
$7,696
Property Taxes
29%
$1,366
Home Insurance
10%
$486
HOA
0%
$0
Property Management
10%
$468
CapEx
5%
$234
Vacancy
6%
$281
Maintenance
5%
$234
Other
0%
$0