This property looks like a bad Long-Term investment with a projected -27.19% first-year return on $581k initial cash invested.
-27.19%
Cash On Cash
1.01%
Cap Rate
0.15
DSCR
$7,608
Rent
-$13,166
Cashflow
Cash Flow
$7,608 income − $20,774 expenses = $13,166 out of pocket
Investment Breakdown
|
Purchase Price
$2767k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$581k
Downpayment
20%
$553k
Closing costs
1%
$27,668
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,608
Total Expenses
$20,774
Mortgage P&I
199%
$15,112
Property Taxes
38%
$2,917
Home Insurance
10%
$768
HOA
0%
$0
Property Management
10%
$761
CapEx
5%
$380
Vacancy
6%
$456
Maintenance
5%
$380
Other
0%
$0