This property looks like a bad Long-Term investment with a projected -26.88% first-year return on $287k initial cash invested.
-26.88%
Cash On Cash
1.37%
Cap Rate
0.2
DSCR
$4,267
Rent
-$6,421
Cashflow
Cash Flow
$4,267 income − $10,688 expenses = $6,421 out of pocket
Investment Breakdown
|
Purchase Price
$1365k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$273k
Closing costs
1%
$13,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,267
Total Expenses
$10,688
Mortgage P&I
182%
$7,767
Property Taxes
29%
$1,234
Home Insurance
14%
$578
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$213
Vacancy
6%
$256
Maintenance
5%
$213
Other
0%
$0