This property looks like a bad Long-Term investment with a projected -25.08% first-year return on $264k initial cash invested.
-25.08%
Cash On Cash
1.61%
Cap Rate
0.24
DSCR
$3,287
Rent
-$5,527
Cashflow
Cash Flow
$3,287 income − $8,814 expenses = $5,527 out of pocket
Investment Breakdown
|
Purchase Price
$1259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$264k
Downpayment
20%
$252k
Closing costs
1%
$12,594
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,287
Total Expenses
$8,814
Mortgage P&I
214%
$7,050
Property Taxes
13%
$420
Home Insurance
15%
$490
HOA
0%
$0
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0