This property looks like a bad Long-Term investment with a projected -22.23% first-year return on $286k initial cash invested.
-22.23%
Cash On Cash
2.09%
Cap Rate
0.32
DSCR
$4,655
Rent
-$5,298
Cashflow
Cash Flow
$4,655 income − $9,953 expenses = $5,298 out of pocket
Investment Breakdown
|
Purchase Price
$1362k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$272k
Closing costs
1%
$13,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,655
Total Expenses
$9,953
Mortgage P&I
160%
$7,433
Property Taxes
18%
$821
Home Insurance
10%
$488
HOA
0%
$0
Property Management
10%
$466
CapEx
5%
$233
Vacancy
6%
$279
Maintenance
5%
$233
Other
0%
$0