This property looks like a bad Long-Term investment with a projected -24.18% first-year return on $284k initial cash invested.
-24.18%
Cash On Cash
1.75%
Cap Rate
0.26
DSCR
$4,718
Rent
-$5,719
Cashflow
Cash Flow
$4,718 income − $10,437 expenses = $5,719 out of pocket
Investment Breakdown
|
Purchase Price
$1352k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$284k
Downpayment
20%
$270k
Closing costs
1%
$13,517
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,718
Total Expenses
$10,437
Mortgage P&I
158%
$7,455
Property Taxes
27%
$1,267
Home Insurance
10%
$488
HOA
0%
$0
Property Management
10%
$472
CapEx
5%
$236
Vacancy
6%
$283
Maintenance
5%
$236
Other
0%
$0