This property looks like a bad Long-Term investment with a projected -20.05% first-year return on $286k initial cash invested.
-20.05%
Cash On Cash
2.62%
Cap Rate
0.4
DSCR
$6,117
Rent
-$4,781
Cashflow
Cash Flow
$6,117 income − $10,898 expenses = $4,781 out of pocket
Investment Breakdown
|
Purchase Price
$1362k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$272k
Closing costs
1%
$13,623
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,117
Total Expenses
$10,898
Mortgage P&I
122%
$7,452
Property Taxes
22%
$1,365
Home Insurance
8%
$490
HOA
0%
$0
Property Management
10%
$612
CapEx
5%
$306
Vacancy
6%
$367
Maintenance
5%
$306
Other
0%
$0