This property looks like a bad Long-Term investment with a projected -18.91% first-year return on $265k initial cash invested.
-18.91%
Cash On Cash
2.45%
Cap Rate
0.4
DSCR
$5,214
Rent
-$4,180
Cashflow
Cash Flow
$5,214 income − $9,394 expenses = $4,180 out of pocket
Investment Breakdown
|
Purchase Price
$1263k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$265k
Downpayment
20%
$253k
Closing costs
1%
$12,633
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,214
Total Expenses
$9,394
Mortgage P&I
125%
$6,495
Property Taxes
22%
$1,125
Home Insurance
8%
$418
HOA
0%
$0
Property Management
10%
$521
CapEx
5%
$261
Vacancy
6%
$313
Maintenance
5%
$261
Other
0%
$0