This property looks like a bad Long-Term investment with a projected -31.81% first-year return on $287k initial cash invested.
-31.81%
Cash On Cash
0.21%
Cap Rate
0.03
DSCR
$1,748
Rent
-$7,611
Cashflow
Cash Flow
$1,748 income − $9,359 expenses = $7,611 out of pocket
Investment Breakdown
|
Purchase Price
$1367k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$287k
Downpayment
20%
$273k
Closing costs
1%
$13,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,748
Total Expenses
$9,359
Mortgage P&I
444%
$7,758
Property Taxes
37%
$639
Home Insurance
29%
$508
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0