This property looks like a bad Long-Term investment with a projected -24.86% first-year return on $309k initial cash invested.
-24.86%
Cash On Cash
1.4%
Cap Rate
0.22
DSCR
$4,692
Rent
-$6,393
Cashflow
Cash Flow
$4,692 income − $11,085 expenses = $6,393 out of pocket
Investment Breakdown
|
Purchase Price
$1469k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$309k
Downpayment
20%
$294k
Closing costs
1%
$14,692
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,692
Total Expenses
$11,085
Mortgage P&I
168%
$7,866
Property Taxes
28%
$1,321
Home Insurance
11%
$523
HOA
3%
$154
Property Management
10%
$469
CapEx
5%
$235
Vacancy
6%
$282
Maintenance
5%
$235
Other
0%
$0