This property looks like a bad Long-Term investment with a projected -20.28% first-year return on $259k initial cash invested.
-20.28%
Cash On Cash
2.16%
Cap Rate
0.35
DSCR
$4,802
Rent
-$4,383
Cashflow
Cash Flow
$4,802 income − $9,185 expenses = $4,383 out of pocket
Investment Breakdown
|
Purchase Price
$1235k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$259k
Downpayment
20%
$247k
Closing costs
1%
$12,352
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,802
Total Expenses
$9,185
Mortgage P&I
133%
$6,367
Property Taxes
25%
$1,223
Home Insurance
7%
$315
HOA
1%
$32
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0