This property looks like a bad Long-Term investment with a projected -20.82% first-year return on $273k initial cash invested.
-20.82%
Cash On Cash
2.17%
Cap Rate
0.34
DSCR
$5,186
Rent
-$4,737
Cashflow
Cash Flow
$5,186 income − $9,923 expenses = $4,737 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$273k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,186
Total Expenses
$9,923
Mortgage P&I
132%
$6,831
Property Taxes
25%
$1,289
Home Insurance
9%
$455
HOA
0%
$0
Property Management
10%
$519
CapEx
5%
$259
Vacancy
6%
$311
Maintenance
5%
$259
Other
0%
$0