This property looks like a bad Long-Term investment with a projected -17.57% first-year return on $278k initial cash invested.
-17.57%
Cash On Cash
3.12%
Cap Rate
0.48
DSCR
$5,420
Rent
-$4,075
Cashflow
Cash Flow
$5,420 income − $9,495 expenses = $4,075 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
$5,420
Total Expenses
$9,495
Mortgage P&I
134%
$7,248
Property Taxes
7%
$374
Home Insurance
9%
$464
HOA
0%
$0
Property Management
10%
$542
CapEx
5%
$271
Vacancy
6%
$325
Maintenance
5%
$271
Other
0%
$0