This property looks like a bad Long-Term investment with a projected -30.78% first-year return on $394k initial cash invested.
-30.78%
Cash On Cash
0.38%
Cap Rate
0.06
DSCR
$3,154
Rent
-$10,101
Cashflow
Cash Flow
$3,154 income − $13,255 expenses = $10,101 out of pocket
Investment Breakdown
|
Purchase Price
$1875k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$394k
Downpayment
20%
$375k
Closing costs
1%
$18,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,154
Total Expenses
$13,255
Mortgage P&I
334%
$10,531
Property Taxes
40%
$1,248
Home Insurance
21%
$656
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0