This property looks like a bad Long-Term investment with a projected -26.84% first-year return on $377k initial cash invested.
-26.84%
Cash On Cash
0.75%
Cap Rate
0.12
DSCR
$3,625
Rent
-$8,431
Cashflow
Cash Flow
$3,625 income − $12,056 expenses = $8,431 out of pocket
Investment Breakdown
|
Purchase Price
$1795k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$377k
Downpayment
20%
$359k
Closing costs
1%
$17,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,625
Total Expenses
$12,056
Mortgage P&I
259%
$9,373
Property Taxes
31%
$1,113
Home Insurance
17%
$628
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$218
Maintenance
5%
$181
Other
0%
$0