This property looks like a bad Long-Term investment with a projected -24.91% first-year return on $296k initial cash invested.
-24.91%
Cash On Cash
1.41%
Cap Rate
0.22
DSCR
$5,105
Rent
-$6,141
Cashflow
Cash Flow
$5,105 income − $11,246 expenses = $6,141 out of pocket
Investment Breakdown
|
Purchase Price
$1409k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$296k
Downpayment
20%
$282k
Closing costs
1%
$14,087
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,105
Total Expenses
$11,246
Mortgage P&I
148%
$7,538
Property Taxes
29%
$1,458
Home Insurance
11%
$578
HOA
7%
$346
Property Management
10%
$510
CapEx
5%
$255
Vacancy
6%
$306
Maintenance
5%
$255
Other
0%
$0