This property looks like a bad Long-Term investment with a projected -28.38% first-year return on $292k initial cash invested.
-28.38%
Cash On Cash
0.75%
Cap Rate
0.11
DSCR
$3,462
Rent
-$6,913
Cashflow
Cash Flow
$3,462 income − $10,375 expenses = $6,913 out of pocket
Investment Breakdown
|
Purchase Price
$1392k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$292k
Downpayment
20%
$278k
Closing costs
1%
$13,920
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,462
Total Expenses
$10,375
Mortgage P&I
220%
$7,614
Property Taxes
39%
$1,353
Home Insurance
15%
$508
HOA
0%
$0
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0