This property looks like a bad Long-Term investment with a projected -26.31% first-year return on $281k initial cash invested.
-26.31%
Cash On Cash
1.35%
Cap Rate
0.2
DSCR
$3,591
Rent
-$6,170
Cashflow
Cash Flow
$3,591 income − $9,761 expenses = $6,170 out of pocket
Investment Breakdown
|
Purchase Price
$1340k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$268k
Closing costs
1%
$13,401
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,591
Total Expenses
$9,761
Mortgage P&I
209%
$7,502
Property Taxes
18%
$652
Home Insurance
14%
$490
HOA
5%
$183
Property Management
10%
$359
CapEx
5%
$180
Vacancy
6%
$215
Maintenance
5%
$180
Other
0%
$0