This property looks like a bad Long-Term investment with a projected -20.14% first-year return on $262k initial cash invested.
-20.14%
Cash On Cash
2.35%
Cap Rate
0.37
DSCR
$4,466
Rent
-$4,403
Cashflow
Cash Flow
$4,466 income − $8,869 expenses = $4,403 out of pocket
Investment Breakdown
|
Purchase Price
$1249k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$262k
Downpayment
20%
$250k
Closing costs
1%
$12,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,466
Total Expenses
$8,869
Mortgage P&I
148%
$6,631
Property Taxes
14%
$640
Home Insurance
10%
$437
HOA
0%
$0
Property Management
10%
$447
CapEx
5%
$223
Vacancy
6%
$268
Maintenance
5%
$223
Other
0%
$0