This property looks like a bad Long-Term investment with a projected -23.32% first-year return on $305k initial cash invested.
-23.32%
Cash On Cash
1.54%
Cap Rate
0.25
DSCR
$4,150
Rent
-$5,932
Cashflow
Cash Flow
$4,150 income − $10,082 expenses = $5,932 out of pocket
Investment Breakdown
|
Purchase Price
$1454k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$305k
Downpayment
20%
$291k
Closing costs
1%
$14,538
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,150
Total Expenses
$10,082
Mortgage P&I
183%
$7,591
Property Taxes
21%
$888
Home Insurance
13%
$523
HOA
0%
$0
Property Management
10%
$415
CapEx
5%
$208
Vacancy
6%
$249
Maintenance
5%
$208
Other
0%
$0