This property looks like a bad Long-Term investment with a projected -22.56% first-year return on $251k initial cash invested.
-22.56%
Cash On Cash
2.14%
Cap Rate
0.32
DSCR
$3,548
Rent
-$4,718
Cashflow
Cash Flow
$3,548 income − $8,266 expenses = $4,718 out of pocket
Investment Breakdown
|
Purchase Price
$1195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$251k
Downpayment
20%
$239k
Closing costs
1%
$11,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,548
Total Expenses
$8,266
Mortgage P&I
188%
$6,673
Property Taxes
2%
$86
Home Insurance
12%
$418
HOA
5%
$167
Property Management
10%
$355
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0