This property looks like a bad Long-Term investment with a projected -19.09% first-year return on $335k initial cash invested.
-19.09%
Cash On Cash
2.66%
Cap Rate
0.41
DSCR
$6,308
Rent
-$5,325
Cashflow
Cash Flow
$6,308 income − $11,633 expenses = $5,325 out of pocket
Investment Breakdown
|
Purchase Price
$1594k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$335k
Downpayment
20%
$319k
Closing costs
1%
$15,937
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,308
Total Expenses
$11,633
Mortgage P&I
136%
$8,549
Property Taxes
13%
$824
Home Insurance
10%
$621
HOA
0%
$0
Property Management
10%
$631
CapEx
5%
$315
Vacancy
6%
$378
Maintenance
5%
$315
Other
0%
$0