This property looks like a bad Long-Term investment with a projected -26.18% first-year return on $368k initial cash invested.
-26.18%
Cash On Cash
1.23%
Cap Rate
0.19
DSCR
$5,116
Rent
-$8,018
Cashflow
Cash Flow
$5,116 income − $13,134 expenses = $8,018 out of pocket
Investment Breakdown
|
Purchase Price
$1750k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$368k
Downpayment
20%
$350k
Closing costs
1%
$17,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,116
Total Expenses
$13,134
Mortgage P&I
187%
$9,558
Property Taxes
32%
$1,633
Home Insurance
12%
$612
HOA
0%
$0
Property Management
10%
$512
CapEx
5%
$256
Vacancy
6%
$307
Maintenance
5%
$256
Other
0%
$0