This property looks like a bad Long-Term investment with a projected -22.56% first-year return on $263k initial cash invested.
-22.56%
Cash On Cash
1.98%
Cap Rate
0.3
DSCR
$4,153
Rent
-$4,934
Cashflow
Cash Flow
$4,153 income − $9,087 expenses = $4,934 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,153
Total Expenses
$9,087
Mortgage P&I
164%
$6,793
Property Taxes
19%
$776
Home Insurance
11%
$438
HOA
0%
$0
Property Management
10%
$415
CapEx
5%
$208
Vacancy
6%
$249
Maintenance
5%
$208
Other
0%
$0