This property looks like a bad Long-Term investment with a projected -19.78% first-year return on $272k initial cash invested.
-19.78%
Cash On Cash
2.7%
Cap Rate
0.41
DSCR
$5,804
Rent
-$4,477
Cashflow
Cash Flow
$5,804 income − $10,281 expenses = $4,477 out of pocket
Investment Breakdown
|
Purchase Price
$1294k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$272k
Downpayment
20%
$259k
Closing costs
1%
$12,935
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,804
Total Expenses
$10,281
Mortgage P&I
122%
$7,100
Property Taxes
21%
$1,220
Home Insurance
8%
$453
HOA
0%
$0
Property Management
10%
$580
CapEx
5%
$290
Vacancy
6%
$348
Maintenance
5%
$290
Other
0%
$0