This property looks like a bad Long-Term investment with a projected -33.72% first-year return on $308k initial cash invested.
-33.72%
Cash On Cash
-0.1%
Cap Rate
-0.01
DSCR
$1,750
Rent
-$8,650
Cashflow
Cash Flow
$1,750 income − $10,400 expenses = $8,650 out of pocket
Investment Breakdown
|
Purchase Price
$1466k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$308k
Downpayment
20%
$293k
Closing costs
1%
$14,658
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$10,400
Mortgage P&I
482%
$8,441
Property Taxes
52%
$908
Home Insurance
34%
$595
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0