This property looks like a bad Long-Term investment with a projected -19.27% first-year return on $263k initial cash invested.
-19.27%
Cash On Cash
2.4%
Cap Rate
0.39
DSCR
$5,132
Rent
-$4,219
Cashflow
Cash Flow
$5,132 income − $9,351 expenses = $4,219 out of pocket
Investment Breakdown
|
Purchase Price
$1251k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,514
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,132
Total Expenses
$9,351
Mortgage P&I
126%
$6,465
Property Taxes
22%
$1,104
Home Insurance
9%
$447
HOA
0%
$0
Property Management
10%
$513
CapEx
5%
$257
Vacancy
6%
$308
Maintenance
5%
$257
Other
0%
$0