This property looks like a bad Long-Term investment with a projected -21.28% first-year return on $339k initial cash invested.
-21.28%
Cash On Cash
2.35%
Cap Rate
0.36
DSCR
$7,139
Rent
-$6,015
Cashflow
Cash Flow
$7,139 income − $13,154 expenses = $6,015 out of pocket
Investment Breakdown
|
Purchase Price
$1615k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$339k
Downpayment
20%
$323k
Closing costs
1%
$16,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,139
Total Expenses
$13,154
Mortgage P&I
124%
$8,823
Property Taxes
23%
$1,637
Home Insurance
8%
$588
HOA
4%
$250
Property Management
10%
$714
CapEx
5%
$357
Vacancy
6%
$428
Maintenance
5%
$357
Other
0%
$0