This property looks like a bad Long-Term investment with a projected -25.85% first-year return on $265k initial cash invested.
-25.85%
Cash On Cash
1.46%
Cap Rate
0.22
DSCR
$3,185
Rent
-$5,713
Cashflow
Cash Flow
$3,185 income − $8,898 expenses = $5,713 out of pocket
Investment Breakdown
|
Purchase Price
$1263k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$265k
Downpayment
20%
$253k
Closing costs
1%
$12,629
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,185
Total Expenses
$8,898
Mortgage P&I
223%
$7,092
Property Taxes
16%
$507
Home Insurance
15%
$472
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0