This property looks like a bad Long-Term investment with a projected -21.71% first-year return on $263k initial cash invested.
-21.71%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$4,291
Rent
-$4,750
Cashflow
Cash Flow
$4,291 income − $9,041 expenses = $4,750 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,291
Total Expenses
$9,041
Mortgage P&I
148%
$6,359
Property Taxes
26%
$1,128
Home Insurance
10%
$438
HOA
0%
$0
Property Management
10%
$429
CapEx
5%
$215
Vacancy
6%
$257
Maintenance
5%
$215
Other
0%
$0