This property looks like a bad Long-Term investment with a projected -18.06% first-year return on $263k initial cash invested.
-18.06%
Cash On Cash
3.14%
Cap Rate
0.47
DSCR
$5,815
Rent
-$3,961
Cashflow
Cash Flow
$5,815 income − $9,776 expenses = $3,961 out of pocket
Investment Breakdown
|
Purchase Price
$1253k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$263k
Downpayment
20%
$251k
Closing costs
1%
$12,530
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,815
Total Expenses
$9,776
Mortgage P&I
120%
$6,952
Property Taxes
17%
$992
Home Insurance
5%
$308
HOA
0%
$11
Property Management
10%
$582
CapEx
5%
$291
Vacancy
6%
$349
Maintenance
5%
$291
Other
0%
$0