This property looks like a bad Long-Term investment with a projected -23.61% first-year return on $272k initial cash invested.
-23.61%
Cash On Cash
1.83%
Cap Rate
0.28
DSCR
$4,893
Rent
-$5,350
Cashflow
Cash Flow
$4,893 income − $10,243 expenses = $5,350 out of pocket
Investment Breakdown
|
Purchase Price
$1295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$272k
Downpayment
20%
$259k
Closing costs
1%
$12,947
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,893
Total Expenses
$10,243
Mortgage P&I
145%
$7,082
Property Taxes
28%
$1,389
Home Insurance
10%
$499
HOA
0%
$0
Property Management
10%
$489
CapEx
5%
$245
Vacancy
6%
$294
Maintenance
5%
$245
Other
0%
$0