This property looks like a bad Long-Term investment with a projected -23.82% first-year return on $260k initial cash invested.
-23.82%
Cash On Cash
1.69%
Cap Rate
0.26
DSCR
$4,237
Rent
-$5,160
Cashflow
Cash Flow
$4,237 income − $9,397 expenses = $5,160 out of pocket
Investment Breakdown
|
Purchase Price
$1238k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$260k
Downpayment
20%
$248k
Closing costs
1%
$12,377
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,237
Total Expenses
$9,397
Mortgage P&I
158%
$6,686
Property Taxes
28%
$1,189
Home Insurance
10%
$420
HOA
0%
$0
Property Management
10%
$424
CapEx
5%
$212
Vacancy
6%
$254
Maintenance
5%
$212
Other
0%
$0