This property looks like a bad Long-Term investment with a projected -31.01% first-year return on $268k initial cash invested.
-31.01%
Cash On Cash
0.16%
Cap Rate
0.02
DSCR
$2,431
Rent
-$6,919
Cashflow
Cash Flow
$2,431 income − $9,350 expenses = $6,919 out of pocket
Investment Breakdown
|
Purchase Price
$1275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$268k
Downpayment
20%
$255k
Closing costs
1%
$12,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,431
Total Expenses
$9,350
Mortgage P&I
287%
$6,971
Property Taxes
47%
$1,148
Home Insurance
18%
$446
HOA
6%
$152
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0