This property looks like a bad Long-Term investment with a projected -22.76% first-year return on $265k initial cash invested.
-22.76%
Cash On Cash
1.85%
Cap Rate
0.29
DSCR
$4,879
Rent
-$5,024
Cashflow
Cash Flow
$4,879 income − $9,903 expenses = $5,024 out of pocket
Investment Breakdown
|
Purchase Price
$1262k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$265k
Downpayment
20%
$252k
Closing costs
1%
$12,615
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,879
Total Expenses
$9,903
Mortgage P&I
138%
$6,727
Property Taxes
26%
$1,259
Home Insurance
9%
$448
HOA
4%
$200
Property Management
10%
$488
CapEx
5%
$244
Vacancy
6%
$293
Maintenance
5%
$244
Other
0%
$0