This property looks like a bad Long-Term investment with a projected -24.08% first-year return on $264k initial cash invested.
-24.08%
Cash On Cash
1.61%
Cap Rate
0.25
DSCR
$4,272
Rent
-$5,295
Cashflow
Cash Flow
$4,272 income − $9,567 expenses = $5,295 out of pocket
Investment Breakdown
|
Purchase Price
$1256k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$264k
Downpayment
20%
$251k
Closing costs
1%
$12,564
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,272
Total Expenses
$9,567
Mortgage P&I
158%
$6,764
Property Taxes
29%
$1,248
Home Insurance
10%
$444
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$214
Vacancy
6%
$256
Maintenance
5%
$214
Other
0%
$0