This property looks like a bad Long-Term investment with a projected -21.78% first-year return on $264k initial cash invested.
-21.78%
Cash On Cash
2.03%
Cap Rate
0.32
DSCR
$4,782
Rent
-$4,787
Cashflow
Cash Flow
$4,782 income − $9,569 expenses = $4,787 out of pocket
Investment Breakdown
|
Purchase Price
$1256k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$264k
Downpayment
20%
$251k
Closing costs
1%
$12,561
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,782
Total Expenses
$9,569
Mortgage P&I
139%
$6,669
Property Taxes
25%
$1,219
Home Insurance
9%
$438
HOA
0%
$0
Property Management
10%
$478
CapEx
5%
$239
Vacancy
6%
$287
Maintenance
5%
$239
Other
0%
$0