This property looks like a bad Long-Term investment with a projected -21.48% first-year return on $247k initial cash invested.
-21.48%
Cash On Cash
2.16%
Cap Rate
0.34
DSCR
$4,649
Rent
-$4,417
Cashflow
Cash Flow
$4,649 income − $9,066 expenses = $4,417 out of pocket
Investment Breakdown
|
Purchase Price
$1175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$247k
Downpayment
20%
$235k
Closing costs
1%
$11,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,649
Total Expenses
$9,066
Mortgage P&I
136%
$6,301
Property Taxes
25%
$1,146
Home Insurance
9%
$411
HOA
0%
$0
Property Management
10%
$465
CapEx
5%
$232
Vacancy
6%
$279
Maintenance
5%
$232
Other
0%
$0