This property looks like a bad Long-Term investment with a projected -30.59% first-year return on $352k initial cash invested.
-30.59%
Cash On Cash
0.12%
Cap Rate
0.02
DSCR
$1,678
Rent
-$8,967
Cashflow
Cash Flow
$1,678 income − $10,645 expenses = $8,967 out of pocket
Investment Breakdown
|
Purchase Price
$1675k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$352k
Downpayment
20%
$335k
Closing costs
1%
$16,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,678
Total Expenses
$10,645
Mortgage P&I
540%
$9,054
Property Taxes
34%
$568
Home Insurance
35%
$586
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0