This property looks like a bad Long-Term investment with a projected -26.78% first-year return on $326k initial cash invested.
-26.78%
Cash On Cash
1.18%
Cap Rate
0.18
DSCR
$4,185
Rent
-$7,282
Cashflow
Cash Flow
$4,185 income − $11,467 expenses = $7,282 out of pocket
Investment Breakdown
|
Purchase Price
$1554k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$326k
Downpayment
20%
$311k
Closing costs
1%
$15,539
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,185
Total Expenses
$11,467
Mortgage P&I
206%
$8,605
Property Taxes
27%
$1,141
Home Insurance
14%
$569
HOA
2%
$65
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$251
Maintenance
5%
$209
Other
0%
$0