This property looks like a bad Long-Term investment with a projected -24.79% first-year return on $278k initial cash invested.
-24.79%
Cash On Cash
1.56%
Cap Rate
0.24
DSCR
$4,716
Rent
-$5,748
Cashflow
Cash Flow
$4,716 income − $10,464 expenses = $5,748 out of pocket
Investment Breakdown
|
Purchase Price
$1325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$278k
Downpayment
20%
$265k
Closing costs
1%
$13,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,716
Total Expenses
$10,464
Mortgage P&I
154%
$7,239
Property Taxes
26%
$1,215
Home Insurance
10%
$464
HOA
7%
$319
Property Management
10%
$472
CapEx
5%
$236
Vacancy
6%
$283
Maintenance
5%
$236
Other
0%
$0