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
1.21%
Cap Rate
0.19
DSCR
$2,716
Rent
-$5,441
Cashflow
Cash Flow
$2,716 income − $8,157 expenses = $5,441 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,716
Total Expenses
$8,157
Mortgage P&I
242%
$6,569
Property Taxes
14%
$378
Home Insurance
16%
$438
HOA
2%
$65
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0