This property looks like a bad Long-Term investment with a projected -26.97% first-year return on $335k initial cash invested.
-26.97%
Cash On Cash
1.06%
Cap Rate
0.16
DSCR
$4,406
Rent
-$7,525
Cashflow
Cash Flow
$4,406 income − $11,931 expenses = $7,525 out of pocket
Investment Breakdown
|
Purchase Price
$1594k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$335k
Downpayment
20%
$319k
Closing costs
1%
$15,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,406
Total Expenses
$11,931
Mortgage P&I
198%
$8,711
Property Taxes
34%
$1,498
Home Insurance
13%
$577
HOA
0%
$0
Property Management
10%
$441
CapEx
5%
$220
Vacancy
6%
$264
Maintenance
5%
$220
Other
0%
$0