This property looks like a bad Long-Term investment with a projected -26.59% first-year return on $263k initial cash invested.
-26.59%
Cash On Cash
1.19%
Cap Rate
0.18
DSCR
$4,589
Rent
-$5,817
Cashflow
Cash Flow
$4,589 income − $10,406 expenses = $5,817 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,501
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,589
Total Expenses
$10,406
Mortgage P&I
149%
$6,831
Property Taxes
42%
$1,942
Home Insurance
10%
$441
HOA
0%
$0
Property Management
10%
$459
CapEx
5%
$229
Vacancy
6%
$275
Maintenance
5%
$229
Other
0%
$0