This property looks like a bad Long-Term investment with a projected -23.81% first-year return on $288k initial cash invested.
-23.81%
Cash On Cash
1.71%
Cap Rate
0.26
DSCR
$4,361
Rent
-$5,722
Cashflow
Cash Flow
$4,361 income − $10,083 expenses = $5,722 out of pocket
Investment Breakdown
|
Purchase Price
$1373k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$288k
Downpayment
20%
$275k
Closing costs
1%
$13,731
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,361
Total Expenses
$10,083
Mortgage P&I
171%
$7,456
Property Taxes
23%
$1,003
Home Insurance
11%
$490
HOA
0%
$0
Property Management
10%
$436
CapEx
5%
$218
Vacancy
6%
$262
Maintenance
5%
$218
Other
0%
$0