This property looks like a bad Long-Term investment with a projected -32.9% first-year return on $944k initial cash invested.
-32.9%
Cash On Cash
-0.34%
Cap Rate
-0.05
DSCR
$1,479
Rent
-$25,883
Cashflow
Cash Flow
$1,479 income − $27,362 expenses = $25,883 out of pocket
Investment Breakdown
|
Purchase Price
$4495k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$944k
Downpayment
20%
$899k
Closing costs
1%
$44,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,479
Total Expenses
$27,362
Mortgage P&I
1660%
$24,553
Property Taxes
58%
$851
Home Insurance
106%
$1,573
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0