This property looks like a bad Long-Term investment with a projected -27.14% first-year return on $327k initial cash invested.
-27.14%
Cash On Cash
0.9%
Cap Rate
0.14
DSCR
$3,825
Rent
-$7,384
Cashflow
Cash Flow
$3,825 income − $11,209 expenses = $7,384 out of pocket
Investment Breakdown
|
Purchase Price
$1555k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$327k
Downpayment
20%
$311k
Closing costs
1%
$15,549
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,825
Total Expenses
$11,209
Mortgage P&I
219%
$8,365
Property Taxes
35%
$1,325
Home Insurance
14%
$525
HOA
0%
$0
Property Management
10%
$382
CapEx
5%
$191
Vacancy
6%
$230
Maintenance
5%
$191
Other
0%
$0