This property looks like a bad Long-Term investment with a projected -18.69% first-year return on $312k initial cash invested.
-18.69%
Cash On Cash
2.93%
Cap Rate
0.45
DSCR
$7,475
Rent
-$4,865
Cashflow
Cash Flow
$7,475 income − $12,340 expenses = $4,865 out of pocket
Investment Breakdown
|
Purchase Price
$1488k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$312k
Downpayment
20%
$298k
Closing costs
1%
$14,877
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,475
Total Expenses
$12,340
Mortgage P&I
109%
$8,125
Property Taxes
20%
$1,487
Home Insurance
7%
$534
HOA
3%
$250
Property Management
10%
$748
CapEx
5%
$374
Vacancy
6%
$448
Maintenance
5%
$374
Other
0%
$0