This property looks like a bad Long-Term investment with a projected -23.29% first-year return on $289k initial cash invested.
-23.29%
Cash On Cash
1.82%
Cap Rate
0.28
DSCR
$5,165
Rent
-$5,612
Cashflow
Cash Flow
$5,165 income − $10,777 expenses = $5,612 out of pocket
Investment Breakdown
|
Purchase Price
$1377k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$289k
Downpayment
20%
$275k
Closing costs
1%
$13,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,165
Total Expenses
$10,777
Mortgage P&I
144%
$7,446
Property Taxes
24%
$1,237
Home Insurance
9%
$490
HOA
5%
$262
Property Management
10%
$516
CapEx
5%
$258
Vacancy
6%
$310
Maintenance
5%
$258
Other
0%
$0