This property looks like a bad Long-Term investment with a projected -25.38% first-year return on $304k initial cash invested.
-25.38%
Cash On Cash
1.44%
Cap Rate
0.22
DSCR
$3,908
Rent
-$6,433
Cashflow
Cash Flow
$3,908 income − $10,341 expenses = $6,433 out of pocket
Investment Breakdown
|
Purchase Price
$1448k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$304k
Downpayment
20%
$290k
Closing costs
1%
$14,482
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,908
Total Expenses
$10,341
Mortgage P&I
204%
$7,973
Property Taxes
21%
$829
Home Insurance
13%
$524
HOA
0%
$0
Property Management
10%
$391
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0