This property looks like a bad Long-Term investment with a projected -26.87% first-year return on $309k initial cash invested.
-26.87%
Cash On Cash
0.95%
Cap Rate
0.15
DSCR
$4,405
Rent
-$6,924
Cashflow
Cash Flow
$4,405 income − $11,329 expenses = $6,924 out of pocket
Investment Breakdown
|
Purchase Price
$1472k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$309k
Downpayment
20%
$294k
Closing costs
1%
$14,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,405
Total Expenses
$11,329
Mortgage P&I
179%
$7,871
Property Taxes
35%
$1,524
Home Insurance
12%
$525
HOA
6%
$265
Property Management
10%
$440
CapEx
5%
$220
Vacancy
6%
$264
Maintenance
5%
$220
Other
0%
$0