This property looks like a bad Long-Term investment with a projected -28.46% first-year return on $254k initial cash invested.
-28.46%
Cash On Cash
0.93%
Cap Rate
0.14
DSCR
$2,564
Rent
-$6,022
Cashflow
Cash Flow
$2,564 income − $8,586 expenses = $6,022 out of pocket
Investment Breakdown
|
Purchase Price
$1209k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$254k
Downpayment
20%
$242k
Closing costs
1%
$12,090
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,564
Total Expenses
$8,586
Mortgage P&I
266%
$6,828
Property Taxes
26%
$654
Home Insurance
17%
$438
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0