This property looks like a bad Long-Term investment with a projected -25.31% first-year return on $258k initial cash invested.
-25.31%
Cash On Cash
1.41%
Cap Rate
0.22
DSCR
$4,093
Rent
-$5,445
Cashflow
Cash Flow
$4,093 income − $9,538 expenses = $5,445 out of pocket
Investment Breakdown
|
Purchase Price
$1229k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$258k
Downpayment
20%
$246k
Closing costs
1%
$12,294
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,093
Total Expenses
$9,538
Mortgage P&I
163%
$6,680
Property Taxes
33%
$1,338
Home Insurance
11%
$455
HOA
0%
$0
Property Management
10%
$409
CapEx
5%
$205
Vacancy
6%
$246
Maintenance
5%
$205
Other
0%
$0