This property looks like a bad Long-Term investment with a projected -21.89% first-year return on $257k initial cash invested.
-21.89%
Cash On Cash
1.64%
Cap Rate
0.27
DSCR
$3,786
Rent
-$4,692
Cashflow
Cash Flow
$3,786 income − $8,478 expenses = $4,692 out of pocket
Investment Breakdown
|
Purchase Price
$1225k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$257k
Downpayment
20%
$245k
Closing costs
1%
$12,246
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,786
Total Expenses
$8,478
Mortgage P&I
163%
$6,174
Property Taxes
23%
$887
Home Insurance
11%
$433
HOA
0%
$0
Property Management
10%
$379
CapEx
5%
$189
Vacancy
6%
$227
Maintenance
5%
$189
Other
0%
$0