This property looks like a bad Long-Term investment with a projected -25.13% first-year return on $292k initial cash invested.
-25.13%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$4,898
Rent
-$6,119
Cashflow
Cash Flow
$4,898 income − $11,017 expenses = $6,119 out of pocket
Investment Breakdown
|
Purchase Price
$1391k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$292k
Downpayment
20%
$278k
Closing costs
1%
$13,913
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,898
Total Expenses
$11,017
Mortgage P&I
152%
$7,445
Property Taxes
29%
$1,412
Home Insurance
11%
$560
HOA
7%
$326
Property Management
10%
$490
CapEx
5%
$245
Vacancy
6%
$294
Maintenance
5%
$245
Other
0%
$0