This property looks like a bad Long-Term investment with a projected -25.67% first-year return on $284k initial cash invested.
-25.67%
Cash On Cash
1.3%
Cap Rate
0.2
DSCR
$4,183
Rent
-$6,064
Cashflow
Cash Flow
$4,183 income − $10,247 expenses = $6,064 out of pocket
Investment Breakdown
|
Purchase Price
$1350k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$284k
Downpayment
20%
$270k
Closing costs
1%
$13,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,183
Total Expenses
$10,247
Mortgage P&I
175%
$7,316
Property Taxes
33%
$1,372
Home Insurance
11%
$472
HOA
0%
$0
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$251
Maintenance
5%
$209
Other
0%
$0