This property looks like a bad Long-Term investment with a projected -26.52% first-year return on $341k initial cash invested.
-26.52%
Cash On Cash
1.16%
Cap Rate
0.18
DSCR
$4,574
Rent
-$7,545
Cashflow
Cash Flow
$4,574 income − $12,119 expenses = $7,545 out of pocket
Investment Breakdown
|
Purchase Price
$1626k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$341k
Downpayment
20%
$325k
Closing costs
1%
$16,259
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,574
Total Expenses
$12,119
Mortgage P&I
194%
$8,894
Property Taxes
32%
$1,458
Home Insurance
13%
$578
HOA
0%
$0
Property Management
10%
$457
CapEx
5%
$229
Vacancy
6%
$274
Maintenance
5%
$229
Other
0%
$0