This property looks like a bad Long-Term investment with a projected -27.76% first-year return on $287k initial cash invested.
-27.76%
Cash On Cash
0.88%
Cap Rate
0.13
DSCR
$2,847
Rent
-$6,632
Cashflow
Cash Flow
$2,847 income − $9,479 expenses = $6,632 out of pocket
Investment Breakdown
|
Purchase Price
$1365k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$273k
Closing costs
1%
$13,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,847
Total Expenses
$9,479
Mortgage P&I
263%
$7,495
Property Taxes
22%
$637
Home Insurance
17%
$478
HOA
5%
$129
Property Management
10%
$285
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0