This property looks like a bad Long-Term investment with a projected -26.82% first-year return on $325k initial cash invested.
-26.82%
Cash On Cash
1.05%
Cap Rate
0.16
DSCR
$2,764
Rent
-$7,275
Cashflow
Cash Flow
$2,764 income − $10,039 expenses = $7,275 out of pocket
Investment Breakdown
|
Purchase Price
$1550k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$325k
Downpayment
20%
$310k
Closing costs
1%
$15,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,764
Total Expenses
$10,039
Mortgage P&I
307%
$8,488
Property Taxes
11%
$291
Home Insurance
20%
$542
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0