This property looks like a bad Long-Term investment with a projected -23.96% first-year return on $287k initial cash invested.
-23.96%
Cash On Cash
1.23%
Cap Rate
0.2
DSCR
$4,169
Rent
-$5,725
Cashflow
Cash Flow
$4,169 income − $9,894 expenses = $5,725 out of pocket
Investment Breakdown
|
Purchase Price
$1365k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$273k
Closing costs
1%
$13,651
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,169
Total Expenses
$9,894
Mortgage P&I
166%
$6,920
Property Taxes
33%
$1,372
Home Insurance
12%
$507
HOA
0%
$12
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0