This property looks like a bad Long-Term investment with a projected -19.33% first-year return on $263k initial cash invested.
-19.33%
Cash On Cash
2.47%
Cap Rate
0.39
DSCR
$5,252
Rent
-$4,229
Cashflow
Cash Flow
$5,252 income − $9,481 expenses = $4,229 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
6.8%
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
$5,252
Total Expenses
$9,481
Mortgage P&I
125%
$6,541
Property Taxes
21%
$1,104
Home Insurance
8%
$438
HOA
1%
$32
Property Management
10%
$525
CapEx
5%
$263
Vacancy
6%
$315
Maintenance
5%
$263
Other
0%
$0