This property looks like a bad Long-Term investment with a projected -23.23% first-year return on $293k initial cash invested.
-23.23%
Cash On Cash
1.78%
Cap Rate
0.28
DSCR
$4,797
Rent
-$5,672
Cashflow
Cash Flow
$4,797 income − $10,469 expenses = $5,672 out of pocket
Investment Breakdown
|
Purchase Price
$1395k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$293k
Downpayment
20%
$279k
Closing costs
1%
$13,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,797
Total Expenses
$10,469
Mortgage P&I
156%
$7,501
Property Taxes
26%
$1,232
Home Insurance
10%
$488
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0