This property looks like a bad Long-Term investment with a projected -25.63% first-year return on $326k initial cash invested.
-25.63%
Cash On Cash
1.31%
Cap Rate
0.2
DSCR
$3,094
Rent
-$6,972
Cashflow
Cash Flow
$3,094 income − $10,066 expenses = $6,972 out of pocket
Investment Breakdown
|
Purchase Price
$1554k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$326k
Downpayment
20%
$311k
Closing costs
1%
$15,542
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,094
Total Expenses
$10,066
Mortgage P&I
275%
$8,512
Property Taxes
6%
$171
Home Insurance
19%
$578
HOA
0%
$0
Property Management
10%
$309
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0