This property looks like a bad Long-Term investment with a projected -22.63% first-year return on $281k initial cash invested.
-22.63%
Cash On Cash
1.96%
Cap Rate
0.3
DSCR
$5,246
Rent
-$5,305
Cashflow
Cash Flow
$5,246 income − $10,551 expenses = $5,305 out of pocket
Investment Breakdown
|
Purchase Price
$1339k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$268k
Closing costs
1%
$13,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,246
Total Expenses
$10,551
Mortgage P&I
138%
$7,234
Property Taxes
23%
$1,201
Home Insurance
9%
$476
HOA
5%
$276
Property Management
10%
$525
CapEx
5%
$262
Vacancy
6%
$315
Maintenance
5%
$262
Other
0%
$0