This property looks like a bad Long-Term investment with a projected -23.52% first-year return on $309k initial cash invested.
-23.52%
Cash On Cash
1.85%
Cap Rate
0.28
DSCR
$5,721
Rent
-$6,058
Cashflow
Cash Flow
$5,721 income − $11,779 expenses = $6,058 out of pocket
Investment Breakdown
|
Purchase Price
$1472k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$309k
Downpayment
20%
$294k
Closing costs
1%
$14,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,721
Total Expenses
$11,779
Mortgage P&I
141%
$8,046
Property Taxes
29%
$1,653
Home Insurance
10%
$593
HOA
0%
$0
Property Management
10%
$572
CapEx
5%
$286
Vacancy
6%
$343
Maintenance
5%
$286
Other
0%
$0