This property looks like a bad Long-Term investment with a projected -20.16% first-year return on $372k initial cash invested.
-20.16%
Cash On Cash
2.59%
Cap Rate
0.39
DSCR
$7,868
Rent
-$6,251
Cashflow
Cash Flow
$7,868 income − $14,119 expenses = $6,251 out of pocket
Investment Breakdown
|
Purchase Price
$1772k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$372k
Downpayment
20%
$354k
Closing costs
1%
$17,719
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,868
Total Expenses
$14,119
Mortgage P&I
123%
$9,681
Property Taxes
22%
$1,765
Home Insurance
8%
$628
HOA
0%
$0
Property Management
10%
$787
CapEx
5%
$393
Vacancy
6%
$472
Maintenance
5%
$393
Other
0%
$0