This property looks like a bad Long-Term investment with a projected -26.43% first-year return on $251k initial cash invested.
-26.43%
Cash On Cash
1.23%
Cap Rate
0.19
DSCR
$3,758
Rent
-$5,527
Cashflow
Cash Flow
$3,758 income − $9,285 expenses = $5,527 out of pocket
Investment Breakdown
|
Purchase Price
$1195k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$251k
Downpayment
20%
$239k
Closing costs
1%
$11,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,758
Total Expenses
$9,285
Mortgage P&I
175%
$6,565
Property Taxes
31%
$1,165
Home Insurance
11%
$418
HOA
4%
$160
Property Management
10%
$376
CapEx
5%
$188
Vacancy
6%
$225
Maintenance
5%
$188
Other
0%
$0