This property looks like a bad Long-Term investment with a projected -26.85% first-year return on $367k initial cash invested.
-26.85%
Cash On Cash
0.76%
Cap Rate
0.12
DSCR
$3,043
Rent
-$8,219
Cashflow
Cash Flow
$3,043 income − $11,262 expenses = $8,219 out of pocket
Investment Breakdown
|
Purchase Price
$1749k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$367k
Downpayment
20%
$350k
Closing costs
1%
$17,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,043
Total Expenses
$11,262
Mortgage P&I
301%
$9,172
Property Taxes
22%
$674
Home Insurance
20%
$612
HOA
0%
$13
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0