This property looks like a bad Long-Term investment with a projected -21.83% first-year return on $268k initial cash invested.
-21.83%
Cash On Cash
2.32%
Cap Rate
0.35
DSCR
$4,805
Rent
-$4,878
Cashflow
Cash Flow
$4,805 income − $9,683 expenses = $4,878 out of pocket
Investment Breakdown
|
Purchase Price
$1277k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$268k
Downpayment
20%
$255k
Closing costs
1%
$12,766
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,805
Total Expenses
$9,683
Mortgage P&I
148%
$7,105
Property Taxes
18%
$875
Home Insurance
9%
$455
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0