This property looks like a bad Long-Term investment with a projected -26.13% first-year return on $357k initial cash invested.
-26.13%
Cash On Cash
1.25%
Cap Rate
0.19
DSCR
$5,123
Rent
-$7,773
Cashflow
Cash Flow
$5,123 income − $12,896 expenses = $7,773 out of pocket
Investment Breakdown
|
Purchase Price
$1700k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$357k
Downpayment
20%
$340k
Closing costs
1%
$16,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,123
Total Expenses
$12,896
Mortgage P&I
181%
$9,284
Property Taxes
33%
$1,686
Home Insurance
12%
$595
HOA
0%
$0
Property Management
10%
$512
CapEx
5%
$256
Vacancy
6%
$307
Maintenance
5%
$256
Other
0%
$0