This property looks like a bad Long-Term investment with a projected -19.23% first-year return on $262k initial cash invested.
-19.23%
Cash On Cash
2.96%
Cap Rate
0.44
DSCR
$5,434
Rent
-$4,204
Cashflow
Cash Flow
$5,434 income − $9,638 expenses = $4,204 out of pocket
Investment Breakdown
|
Purchase Price
$1249k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$262k
Downpayment
20%
$250k
Closing costs
1%
$12,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,434
Total Expenses
$9,638
Mortgage P&I
129%
$7,012
Property Taxes
14%
$776
Home Insurance
8%
$437
HOA
0%
$0
Property Management
10%
$543
CapEx
5%
$272
Vacancy
6%
$326
Maintenance
5%
$272
Other
0%
$0