This property looks like a bad Long-Term investment with a projected -26.69% first-year return on $254k initial cash invested.
-26.69%
Cash On Cash
1.13%
Cap Rate
0.17
DSCR
$3,489
Rent
-$5,656
Cashflow
Cash Flow
$3,489 income − $9,145 expenses = $5,656 out of pocket
Investment Breakdown
|
Purchase Price
$1211k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$254k
Downpayment
20%
$242k
Closing costs
1%
$12,110
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,489
Total Expenses
$9,145
Mortgage P&I
190%
$6,624
Property Taxes
34%
$1,177
Home Insurance
13%
$438
HOA
0%
$0
Property Management
10%
$349
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0