This property looks like a bad Long-Term investment with a projected -25.09% first-year return on $252k initial cash invested.
-25.09%
Cash On Cash
1.67%
Cap Rate
0.25
DSCR
$3,543
Rent
-$5,268
Cashflow
Cash Flow
$3,543 income − $8,811 expenses = $5,268 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,543
Total Expenses
$8,811
Mortgage P&I
191%
$6,759
Property Taxes
20%
$711
Home Insurance
12%
$420
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0