This property looks like a bad Long-Term investment with a projected -24.97% first-year return on $372k initial cash invested.
-24.97%
Cash On Cash
1.68%
Cap Rate
0.25
DSCR
$5,360
Rent
-$7,741
Cashflow
Cash Flow
$5,360 income − $13,101 expenses = $7,741 out of pocket
Investment Breakdown
|
Purchase Price
$1772k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$372k
Downpayment
20%
$354k
Closing costs
1%
$17,717
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,360
Total Expenses
$13,101
Mortgage P&I
186%
$9,946
Property Taxes
21%
$1,131
Home Insurance
12%
$630
HOA
0%
$0
Property Management
10%
$536
CapEx
5%
$268
Vacancy
6%
$322
Maintenance
5%
$268
Other
0%
$0