This property looks like a bad Long-Term investment with a projected -18.35% first-year return on $268k initial cash invested.
-18.35%
Cash On Cash
2.89%
Cap Rate
0.45
DSCR
$6,400
Rent
-$4,094
Cashflow
Cash Flow
$6,400 income − $10,494 expenses = $4,094 out of pocket
Investment Breakdown
|
Purchase Price
$1275k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$268k
Downpayment
20%
$255k
Closing costs
1%
$12,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,400
Total Expenses
$10,494
Mortgage P&I
107%
$6,844
Property Taxes
19%
$1,237
Home Insurance
8%
$490
HOA
4%
$259
Property Management
10%
$640
CapEx
5%
$320
Vacancy
6%
$384
Maintenance
5%
$320
Other
0%
$0