This property looks like a bad Long-Term investment with a projected -25.43% first-year return on $258k initial cash invested.
-25.43%
Cash On Cash
1.39%
Cap Rate
0.21
DSCR
$3,964
Rent
-$5,474
Cashflow
Cash Flow
$3,964 income − $9,438 expenses = $5,474 out of pocket
Investment Breakdown
|
Purchase Price
$1230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$258k
Downpayment
20%
$246k
Closing costs
1%
$12,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,964
Total Expenses
$9,438
Mortgage P&I
169%
$6,701
Property Taxes
32%
$1,270
Home Insurance
11%
$437
HOA
0%
$0
Property Management
10%
$396
CapEx
5%
$198
Vacancy
6%
$238
Maintenance
5%
$198
Other
0%
$0