This property looks like a bad Long-Term investment with a projected -27.89% first-year return on $326k initial cash invested.
-27.89%
Cash On Cash
0.95%
Cap Rate
0.14
DSCR
$4,193
Rent
-$7,566
Cashflow
Cash Flow
$4,193 income − $11,759 expenses = $7,566 out of pocket
Investment Breakdown
|
Purchase Price
$1550k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$326k
Downpayment
20%
$310k
Closing costs
1%
$15,501
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,193
Total Expenses
$11,759
Mortgage P&I
205%
$8,589
Property Taxes
36%
$1,519
Home Insurance
13%
$560
HOA
0%
$0
Property Management
10%
$419
CapEx
5%
$210
Vacancy
6%
$252
Maintenance
5%
$210
Other
0%
$0