This property looks like a bad Long-Term investment with a projected -24.77% first-year return on $326k initial cash invested.
-24.77%
Cash On Cash
1.56%
Cap Rate
0.24
DSCR
$5,066
Rent
-$6,718
Cashflow
Cash Flow
$5,066 income − $11,784 expenses = $6,718 out of pocket
Investment Breakdown
|
Purchase Price
$1550k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$326k
Downpayment
20%
$310k
Closing costs
1%
$15,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,066
Total Expenses
$11,784
Mortgage P&I
167%
$8,478
Property Taxes
29%
$1,447
Home Insurance
11%
$542
HOA
0%
$0
Property Management
10%
$507
CapEx
5%
$253
Vacancy
6%
$304
Maintenance
5%
$253
Other
0%
$0