This property looks like a bad Long-Term investment with a projected -18.85% first-year return on $263k initial cash invested.
-18.85%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$6,093
Rent
-$4,135
Cashflow
Cash Flow
$6,093 income − $10,228 expenses = $4,135 out of pocket
Investment Breakdown
|
Purchase Price
$1254k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$251k
Closing costs
1%
$12,538
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,093
Total Expenses
$10,228
Mortgage P&I
114%
$6,916
Property Taxes
22%
$1,351
Home Insurance
6%
$376
HOA
0%
$0
Property Management
10%
$609
CapEx
5%
$305
Vacancy
6%
$366
Maintenance
5%
$305
Other
0%
$0