This property looks like a bad Long-Term investment with a projected -25.98% first-year return on $248k initial cash invested.
-25.98%
Cash On Cash
1.4%
Cap Rate
0.21
DSCR
$4,228
Rent
-$5,364
Cashflow
Cash Flow
$4,228 income − $9,592 expenses = $5,364 out of pocket
Investment Breakdown
|
Purchase Price
$1180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$248k
Downpayment
20%
$236k
Closing costs
1%
$11,798
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,228
Total Expenses
$9,592
Mortgage P&I
154%
$6,525
Property Taxes
38%
$1,618
Home Insurance
8%
$350
HOA
0%
$0
Property Management
10%
$423
CapEx
5%
$211
Vacancy
6%
$254
Maintenance
5%
$211
Other
0%
$0