This property looks like a bad Long-Term investment with a projected -31.3% first-year return on $785k initial cash invested.
-31.3%
Cash On Cash
-0.04%
Cap Rate
-0.01
DSCR
$3,049
Rent
-$20,483
Cashflow
Cash Flow
$3,049 income − $23,532 expenses = $20,483 out of pocket
Investment Breakdown
|
Purchase Price
$3739k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$785k
Downpayment
20%
$748k
Closing costs
1%
$37,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,049
Total Expenses
$23,532
Mortgage P&I
663%
$20,216
Property Taxes
37%
$1,142
Home Insurance
45%
$1,382
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0