This property looks like a bad Long-Term investment with a projected -19.46% first-year return on $265k initial cash invested.
-19.46%
Cash On Cash
2.74%
Cap Rate
0.42
DSCR
$5,602
Rent
-$4,294
Cashflow
Cash Flow
$5,602 income − $9,896 expenses = $4,294 out of pocket
Investment Breakdown
|
Purchase Price
$1261k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$265k
Downpayment
20%
$252k
Closing costs
1%
$12,612
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,602
Total Expenses
$9,896
Mortgage P&I
123%
$6,890
Property Taxes
20%
$1,130
Home Insurance
8%
$420
HOA
0%
$0
Property Management
10%
$560
CapEx
5%
$280
Vacancy
6%
$336
Maintenance
5%
$280
Other
0%
$0