This property looks like a bad Long-Term investment with a projected -15.65% first-year return on $439k initial cash invested.
-15.65%
Cash On Cash
3.58%
Cap Rate
0.54
DSCR
$10,238
Rent
-$5,726
Cashflow
Cash Flow
$10,238 income − $15,964 expenses = $5,726 out of pocket
Investment Breakdown
|
Purchase Price
$2090k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$439k
Downpayment
20%
$418k
Closing costs
1%
$20,904
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$10,238
Total Expenses
$15,964
Mortgage P&I
112%
$11,449
Property Taxes
11%
$1,155
Home Insurance
7%
$698
HOA
0%
$0
Property Management
10%
$1,024
CapEx
5%
$512
Vacancy
6%
$614
Maintenance
5%
$512
Other
0%
$0