This property looks like a bad Long-Term investment with a projected -25.09% first-year return on $268k initial cash invested.
-25.09%
Cash On Cash
1.66%
Cap Rate
0.25
DSCR
$4,117
Rent
-$5,609
Cashflow
Cash Flow
$4,117 income − $9,726 expenses = $5,609 out of pocket
Investment Breakdown
|
Purchase Price
$1277k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$268k
Downpayment
20%
$255k
Closing costs
1%
$12,773
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,117
Total Expenses
$9,726
Mortgage P&I
174%
$7,171
Property Taxes
25%
$1,029
Home Insurance
11%
$455
HOA
0%
$0
Property Management
10%
$412
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0