This property looks like a bad Long-Term investment with a projected -24.66% first-year return on $285k initial cash invested.
-24.66%
Cash On Cash
1.75%
Cap Rate
0.26
DSCR
$4,821
Rent
-$5,861
Cashflow
Cash Flow
$4,821 income − $10,682 expenses = $5,861 out of pocket
Investment Breakdown
|
Purchase Price
$1358k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$285k
Downpayment
20%
$272k
Closing costs
1%
$13,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,821
Total Expenses
$10,682
Mortgage P&I
158%
$7,596
Property Taxes
28%
$1,343
Home Insurance
10%
$490
HOA
0%
$0
Property Management
10%
$482
CapEx
5%
$241
Vacancy
6%
$289
Maintenance
5%
$241
Other
0%
$0