This property looks like a bad Long-Term investment with a projected -20.16% first-year return on $289k initial cash invested.
-20.16%
Cash On Cash
2.05%
Cap Rate
0.34
DSCR
$4,834
Rent
-$4,851
Cashflow
Cash Flow
$4,834 income − $9,685 expenses = $4,851 out of pocket
Investment Breakdown
|
Purchase Price
$1375k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$289k
Downpayment
20%
$275k
Closing costs
1%
$13,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,834
Total Expenses
$9,685
Mortgage P&I
144%
$6,962
Property Taxes
20%
$985
Home Insurance
10%
$481
HOA
0%
$0
Property Management
10%
$483
CapEx
5%
$242
Vacancy
6%
$290
Maintenance
5%
$242
Other
0%
$0