This property looks like a bad Long-Term investment with a projected -27.09% first-year return on $357k initial cash invested.
-27.09%
Cash On Cash
1.07%
Cap Rate
0.16
DSCR
$4,786
Rent
-$8,056
Cashflow
Cash Flow
$4,786 income − $12,842 expenses = $8,056 out of pocket
Investment Breakdown
|
Purchase Price
$1700k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$357k
Downpayment
20%
$340k
Closing costs
1%
$16,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,786
Total Expenses
$12,842
Mortgage P&I
195%
$9,332
Property Taxes
35%
$1,671
Home Insurance
12%
$595
HOA
0%
$0
Property Management
10%
$479
CapEx
5%
$239
Vacancy
6%
$287
Maintenance
5%
$239
Other
0%
$0