This property looks like a bad Long-Term investment with a projected -28.18% first-year return on $347k initial cash invested.
-28.18%
Cash On Cash
0.83%
Cap Rate
0.13
DSCR
$4,279
Rent
-$8,155
Cashflow
Cash Flow
$4,279 income − $12,434 expenses = $8,155 out of pocket
Investment Breakdown
|
Purchase Price
$1654k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$347k
Downpayment
20%
$331k
Closing costs
1%
$16,537
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,279
Total Expenses
$12,434
Mortgage P&I
212%
$9,081
Property Taxes
39%
$1,652
Home Insurance
14%
$588
HOA
0%
$0
Property Management
10%
$428
CapEx
5%
$214
Vacancy
6%
$257
Maintenance
5%
$214
Other
0%
$0