This property looks like a bad Long-Term investment with a projected -23.32% first-year return on $292k initial cash invested.
-23.32%
Cash On Cash
1.56%
Cap Rate
0.25
DSCR
$4,616
Rent
-$5,676
Cashflow
Cash Flow
$4,616 income − $10,292 expenses = $5,676 out of pocket
Investment Breakdown
|
Purchase Price
$1391k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$292k
Downpayment
20%
$278k
Closing costs
1%
$13,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,616
Total Expenses
$10,292
Mortgage P&I
157%
$7,257
Property Taxes
28%
$1,276
Home Insurance
11%
$506
HOA
1%
$52
Property Management
10%
$462
CapEx
5%
$231
Vacancy
6%
$277
Maintenance
5%
$231
Other
0%
$0