This property looks like a bad Long-Term investment with a projected -30.68% first-year return on $630k initial cash invested.
-30.68%
Cash On Cash
0.43%
Cap Rate
0.06
DSCR
$3,452
Rent
-$16,107
Cashflow
Cash Flow
$3,452 income − $19,559 expenses = $16,107 out of pocket
Investment Breakdown
|
Purchase Price
$3000k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$630k
Downpayment
20%
$600k
Closing costs
1%
$30,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,452
Total Expenses
$19,559
Mortgage P&I
493%
$17,013
Property Taxes
17%
$598
Home Insurance
30%
$1,050
HOA
0%
$0
Property Management
10%
$345
CapEx
5%
$173
Vacancy
6%
$207
Maintenance
5%
$173
Other
0%
$0