This property looks like a bad Long-Term investment with a projected -30.46% first-year return on $252k initial cash invested.
-30.46%
Cash On Cash
-0.27%
Cap Rate
-0.04
DSCR
$1,113
Rent
-$6,396
Cashflow
Cash Flow
$1,113 income − $7,509 expenses = $6,396 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,113
Total Expenses
$7,509
Mortgage P&I
545%
$6,068
Property Taxes
66%
$731
Home Insurance
38%
$420
HOA
0%
$0
Property Management
10%
$111
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0