This property looks like a bad Long-Term investment with a projected -22.18% first-year return on $250k initial cash invested.
-22.18%
Cash On Cash
2.11%
Cap Rate
0.32
DSCR
$4,682
Rent
-$4,620
Cashflow
Cash Flow
$4,682 income − $9,302 expenses = $4,620 out of pocket
Investment Breakdown
|
Purchase Price
$1191k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$250k
Downpayment
20%
$238k
Closing costs
1%
$11,905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,682
Total Expenses
$9,302
Mortgage P&I
138%
$6,475
Property Taxes
25%
$1,190
Home Insurance
9%
$420
HOA
0%
$0
Property Management
10%
$468
CapEx
5%
$234
Vacancy
6%
$281
Maintenance
5%
$234
Other
0%
$0