This property looks like a bad Long-Term investment with a projected -21.61% first-year return on $282k initial cash invested.
-21.61%
Cash On Cash
2.21%
Cap Rate
0.34
DSCR
$4,326
Rent
-$5,084
Cashflow
Cash Flow
$4,326 income − $9,410 expenses = $5,084 out of pocket
Investment Breakdown
|
Purchase Price
$1344k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$282k
Downpayment
20%
$269k
Closing costs
1%
$13,444
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,326
Total Expenses
$9,410
Mortgage P&I
170%
$7,344
Property Taxes
10%
$451
Home Insurance
11%
$490
HOA
0%
$0
Property Management
10%
$433
CapEx
5%
$216
Vacancy
6%
$260
Maintenance
5%
$216
Other
0%
$0