This property looks like a bad Long-Term investment with a projected -14.14% first-year return on $273k initial cash invested.
-14.14%
Cash On Cash
3.94%
Cap Rate
0.6
DSCR
$7,201
Rent
-$3,218
Cashflow
Cash Flow
$7,201 income − $10,419 expenses = $3,218 out of pocket
Investment Breakdown
|
Purchase Price
$1301k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$273k
Downpayment
20%
$260k
Closing costs
1%
$13,009
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,201
Total Expenses
$10,419
Mortgage P&I
99%
$7,125
Property Taxes
6%
$459
Home Insurance
7%
$490
HOA
7%
$473
Property Management
10%
$720
CapEx
5%
$360
Vacancy
6%
$432
Maintenance
5%
$360
Other
0%
$0