This property looks like a bad Long-Term investment with a projected -27.39% first-year return on $248k initial cash invested.
-27.39%
Cash On Cash
0.99%
Cap Rate
0.15
DSCR
$3,288
Rent
-$5,650
Cashflow
Cash Flow
$3,288 income − $8,938 expenses = $5,650 out of pocket
Investment Breakdown
|
Purchase Price
$1179k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$248k
Downpayment
20%
$236k
Closing costs
1%
$11,788
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,288
Total Expenses
$8,938
Mortgage P&I
197%
$6,461
Property Taxes
36%
$1,194
Home Insurance
13%
$429
HOA
0%
$0
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0