This property looks like a bad Long-Term investment with a projected -28.89% first-year return on $267k initial cash invested.
-28.89%
Cash On Cash
0.6%
Cap Rate
0.09
DSCR
$3,831
Rent
-$6,424
Cashflow
Cash Flow
$3,831 income − $10,255 expenses = $6,424 out of pocket
Investment Breakdown
|
Purchase Price
$1271k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$267k
Downpayment
20%
$254k
Closing costs
1%
$12,708
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,831
Total Expenses
$10,255
Mortgage P&I
179%
$6,871
Property Taxes
36%
$1,372
Home Insurance
26%
$1,015
HOA
0%
$0
Property Management
10%
$383
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0