This property looks like a bad Long-Term investment with a projected -21.82% first-year return on $274k initial cash invested.
-21.82%
Cash On Cash
1.73%
Cap Rate
0.28
DSCR
$4,805
Rent
-$4,987
Cashflow
Cash Flow
$4,805 income − $9,792 expenses = $4,987 out of pocket
Investment Breakdown
|
Purchase Price
$1306k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$274k
Downpayment
20%
$261k
Closing costs
1%
$13,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,805
Total Expenses
$9,792
Mortgage P&I
138%
$6,634
Property Taxes
31%
$1,490
Home Insurance
9%
$420
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0