This property looks like a bad Long-Term investment with a projected -19.82% first-year return on $326k initial cash invested.
-19.82%
Cash On Cash
2.33%
Cap Rate
0.37
DSCR
$5,076
Rent
-$5,388
Cashflow
Cash Flow
$5,076 income − $10,464 expenses = $5,388 out of pocket
Investment Breakdown
|
Purchase Price
$1553k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$326k
Downpayment
20%
$311k
Closing costs
1%
$15,533
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,076
Total Expenses
$10,464
Mortgage P&I
161%
$8,150
Property Taxes
8%
$415
Home Insurance
11%
$578
HOA
0%
$0
Property Management
10%
$508
CapEx
5%
$254
Vacancy
6%
$305
Maintenance
5%
$254
Other
0%
$0