This property looks like a bad Long-Term investment with a projected -23.86% first-year return on $315k initial cash invested.
-23.86%
Cash On Cash
1.59%
Cap Rate
0.25
DSCR
$5,062
Rent
-$6,264
Cashflow
Cash Flow
$5,062 income − $11,326 expenses = $6,264 out of pocket
Investment Breakdown
|
Purchase Price
$1500k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$14,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,062
Total Expenses
$11,326
Mortgage P&I
158%
$7,998
Property Taxes
29%
$1,487
Home Insurance
10%
$525
HOA
0%
$0
Property Management
10%
$506
CapEx
5%
$253
Vacancy
6%
$304
Maintenance
5%
$253
Other
0%
$0