This property looks like a bad Long-Term investment with a projected -27.81% first-year return on $261k initial cash invested.
-27.81%
Cash On Cash
0.89%
Cap Rate
0.14
DSCR
$3,730
Rent
-$6,056
Cashflow
Cash Flow
$3,730 income − $9,786 expenses = $6,056 out of pocket
Investment Breakdown
|
Purchase Price
$1244k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$261k
Downpayment
20%
$249k
Closing costs
1%
$12,444
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,730
Total Expenses
$9,786
Mortgage P&I
182%
$6,797
Property Taxes
33%
$1,247
Home Insurance
12%
$448
HOA
9%
$325
Property Management
10%
$373
CapEx
5%
$186
Vacancy
6%
$224
Maintenance
5%
$186
Other
0%
$0