This property looks like a bad Long-Term investment with a projected -24.78% first-year return on $268k initial cash invested.
-24.78%
Cash On Cash
1.76%
Cap Rate
0.26
DSCR
$4,387
Rent
-$5,530
Cashflow
Cash Flow
$4,387 income − $9,917 expenses = $5,530 out of pocket
Investment Breakdown
|
Purchase Price
$1275k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$268k
Downpayment
20%
$255k
Closing costs
1%
$12,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,387
Total Expenses
$9,917
Mortgage P&I
164%
$7,178
Property Taxes
26%
$1,153
Home Insurance
10%
$446
HOA
0%
$0
Property Management
10%
$439
CapEx
5%
$219
Vacancy
6%
$263
Maintenance
5%
$219
Other
0%
$0