This property looks like a bad Long-Term investment with a projected -26.1% first-year return on $266k initial cash invested.
-26.1%
Cash On Cash
0.63%
Cap Rate
0.1
DSCR
$1,520
Rent
-$5,795
Cashflow
Cash Flow
$1,520 income − $7,315 expenses = $5,795 out of pocket
Investment Breakdown
|
Purchase Price
$1269k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$266k
Downpayment
20%
$254k
Closing costs
1%
$12,688
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,520
Total Expenses
$7,315
Mortgage P&I
420%
$6,386
Property Taxes
4%
$62
Home Insurance
31%
$472
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0