This property looks like a bad Long-Term investment with a projected -25.33% first-year return on $264k initial cash invested.
-25.33%
Cash On Cash
1.44%
Cap Rate
0.22
DSCR
$4,144
Rent
-$5,573
Cashflow
Cash Flow
$4,144 income − $9,717 expenses = $5,573 out of pocket
Investment Breakdown
|
Purchase Price
$1257k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$264k
Downpayment
20%
$251k
Closing costs
1%
$12,571
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,144
Total Expenses
$9,717
Mortgage P&I
166%
$6,879
Property Taxes
32%
$1,310
Home Insurance
11%
$451
HOA
0%
$0
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0