This property looks like a bad Long-Term investment with a projected -23.97% first-year return on $274k initial cash invested.
-23.97%
Cash On Cash
1.76%
Cap Rate
0.27
DSCR
$5,101
Rent
-$5,468
Cashflow
Cash Flow
$5,101 income − $10,569 expenses = $5,468 out of pocket
Investment Breakdown
|
Purchase Price
$1303k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$274k
Downpayment
20%
$261k
Closing costs
1%
$13,033
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,101
Total Expenses
$10,569
Mortgage P&I
140%
$7,128
Property Taxes
33%
$1,660
Home Insurance
9%
$455
HOA
0%
$0
Property Management
10%
$510
CapEx
5%
$255
Vacancy
6%
$306
Maintenance
5%
$255
Other
0%
$0