This property looks like a bad Long-Term investment with a projected -23.01% first-year return on $272k initial cash invested.
-23.01%
Cash On Cash
1.96%
Cap Rate
0.3
DSCR
$4,800
Rent
-$5,211
Cashflow
Cash Flow
$4,800 income − $10,011 expenses = $5,211 out of pocket
Investment Breakdown
|
Purchase Price
$1294k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$272k
Downpayment
20%
$259k
Closing costs
1%
$12,943
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,800
Total Expenses
$10,011
Mortgage P&I
148%
$7,080
Property Taxes
26%
$1,230
Home Insurance
9%
$453
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0