This property looks like a bad Long-Term investment with a projected -18.69% first-year return on $250k initial cash invested.
-18.69%
Cash On Cash
2.98%
Cap Rate
0.45
DSCR
$5,035
Rent
-$3,888
Cashflow
Cash Flow
$5,035 income − $8,923 expenses = $3,888 out of pocket
Investment Breakdown
|
Purchase Price
$1189k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$250k
Downpayment
20%
$238k
Closing costs
1%
$11,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,035
Total Expenses
$8,923
Mortgage P&I
131%
$6,593
Property Taxes
11%
$575
Home Insurance
8%
$416
HOA
1%
$29
Property Management
10%
$504
CapEx
5%
$252
Vacancy
6%
$302
Maintenance
5%
$252
Other
0%
$0