This property looks like a bad Long-Term investment with a projected -24.32% first-year return on $257k initial cash invested.
-24.32%
Cash On Cash
1.63%
Cap Rate
0.25
DSCR
$3,219
Rent
-$5,214
Cashflow
Cash Flow
$3,219 income − $8,433 expenses = $5,214 out of pocket
Investment Breakdown
|
Purchase Price
$1225k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$257k
Downpayment
20%
$245k
Closing costs
1%
$12,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,219
Total Expenses
$8,433
Mortgage P&I
209%
$6,713
Property Taxes
8%
$264
Home Insurance
13%
$429
HOA
6%
$190
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0