This property looks like a bad Long-Term investment with a projected -24.87% first-year return on $263k initial cash invested.
-24.87%
Cash On Cash
1.55%
Cap Rate
0.23
DSCR
$3,347
Rent
-$5,440
Cashflow
Cash Flow
$3,347 income − $8,787 expenses = $5,440 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,347
Total Expenses
$8,787
Mortgage P&I
206%
$6,891
Property Taxes
18%
$588
Home Insurance
13%
$438
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$167
Vacancy
6%
$201
Maintenance
5%
$167
Other
0%
$0