This property looks like a bad Long-Term investment with a projected -24.28% first-year return on $263k initial cash invested.
-24.28%
Cash On Cash
1.68%
Cap Rate
0.25
DSCR
$3,285
Rent
-$5,315
Cashflow
Cash Flow
$3,285 income − $8,600 expenses = $5,315 out of pocket
Investment Breakdown
|
Purchase Price
$1251k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$250k
Closing costs
1%
$12,509
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,285
Total Expenses
$8,600
Mortgage P&I
210%
$6,906
Property Taxes
10%
$341
Home Insurance
13%
$438
HOA
2%
$62
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0