This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $286k initial cash invested.
-22.48%
Cash On Cash
1.88%
Cap Rate
0.29
DSCR
$4,647
Rent
-$5,360
Cashflow
Cash Flow
$4,647 income − $10,007 expenses = $5,360 out of pocket
Investment Breakdown
|
Purchase Price
$1363k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$273k
Closing costs
1%
$13,626
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,647
Total Expenses
$10,007
Mortgage P&I
156%
$7,266
Property Taxes
24%
$1,131
Home Insurance
9%
$402
HOA
0%
$0
Property Management
10%
$465
CapEx
5%
$232
Vacancy
6%
$279
Maintenance
5%
$232
Other
0%
$0