This property looks like a bad Long-Term investment with a projected -21.88% first-year return on $273k initial cash invested.
-21.88%
Cash On Cash
2.12%
Cap Rate
0.33
DSCR
$4,768
Rent
-$4,977
Cashflow
Cash Flow
$4,768 income − $9,745 expenses = $4,977 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
7.2%
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
$4,768
Total Expenses
$9,745
Mortgage P&I
148%
$7,035
Property Taxes
21%
$1,016
Home Insurance
10%
$455
HOA
0%
$0
Property Management
10%
$477
CapEx
5%
$238
Vacancy
6%
$286
Maintenance
5%
$238
Other
0%
$0