This property looks like a bad Long-Term investment with a projected -27.27% first-year return on $266k initial cash invested.
-27.27%
Cash On Cash
1.22%
Cap Rate
0.18
DSCR
$2,561
Rent
-$6,036
Cashflow
Cash Flow
$2,561 income − $8,597 expenses = $6,036 out of pocket
Investment Breakdown
|
Purchase Price
$1265k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$266k
Downpayment
20%
$253k
Closing costs
1%
$12,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,561
Total Expenses
$8,597
Mortgage P&I
281%
$7,198
Property Taxes
11%
$290
Home Insurance
17%
$443
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0