This property looks like a bad Long-Term investment with a projected -20.42% first-year return on $278k initial cash invested.
-20.42%
Cash On Cash
2.57%
Cap Rate
0.39
DSCR
$5,753
Rent
-$4,734
Cashflow
Cash Flow
$5,753 income − $10,487 expenses = $4,734 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
$5,753
Total Expenses
$10,487
Mortgage P&I
127%
$7,279
Property Taxes
22%
$1,248
Home Insurance
8%
$464
HOA
0%
$0
Property Management
10%
$575
CapEx
5%
$288
Vacancy
6%
$345
Maintenance
5%
$288
Other
0%
$0