This property looks like a bad Long-Term investment with a projected -21.03% first-year return on $263k initial cash invested.
-21.03%
Cash On Cash
2.13%
Cap Rate
0.33
DSCR
$3,892
Rent
-$4,601
Cashflow
Cash Flow
$3,892 income − $8,493 expenses = $4,601 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,892
Total Expenses
$8,493
Mortgage P&I
170%
$6,622
Property Taxes
11%
$420
Home Insurance
11%
$438
HOA
0%
$0
Property Management
10%
$389
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0