This property looks like a bad Long-Term investment with a projected -18.97% first-year return on $277k initial cash invested.
-18.97%
Cash On Cash
2.86%
Cap Rate
0.44
DSCR
$6,459
Rent
-$4,380
Cashflow
Cash Flow
$6,459 income − $10,839 expenses = $4,380 out of pocket
Investment Breakdown
|
Purchase Price
$1319k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$277k
Downpayment
20%
$264k
Closing costs
1%
$13,194
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,459
Total Expenses
$10,839
Mortgage P&I
111%
$7,201
Property Taxes
23%
$1,470
Home Insurance
8%
$488
HOA
0%
$0
Property Management
10%
$646
CapEx
5%
$323
Vacancy
6%
$388
Maintenance
5%
$323
Other
0%
$0