This property looks like a bad Long-Term investment with a projected -24.65% first-year return on $329k initial cash invested.
-24.65%
Cash On Cash
1.77%
Cap Rate
0.26
DSCR
$5,575
Rent
-$6,768
Cashflow
Cash Flow
$5,575 income − $12,343 expenses = $6,768 out of pocket
Investment Breakdown
|
Purchase Price
$1569k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$329k
Downpayment
20%
$314k
Closing costs
1%
$15,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,575
Total Expenses
$12,343
Mortgage P&I
158%
$8,801
Property Taxes
28%
$1,543
Home Insurance
10%
$549
HOA
0%
$0
Property Management
10%
$558
CapEx
5%
$279
Vacancy
6%
$334
Maintenance
5%
$279
Other
0%
$0