This property looks like a bad Long-Term investment with a projected -25.92% first-year return on $259k initial cash invested.
-25.92%
Cash On Cash
1.26%
Cap Rate
0.19
DSCR
$3,245
Rent
-$5,597
Cashflow
Cash Flow
$3,245 income − $8,842 expenses = $5,597 out of pocket
Investment Breakdown
|
Purchase Price
$1234k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$259k
Downpayment
20%
$247k
Closing costs
1%
$12,337
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,245
Total Expenses
$8,842
Mortgage P&I
207%
$6,732
Property Taxes
19%
$604
Home Insurance
14%
$455
HOA
6%
$208
Property Management
10%
$324
CapEx
5%
$162
Vacancy
6%
$195
Maintenance
5%
$162
Other
0%
$0