This property looks like a bad Long-Term investment with a projected -7.99% first-year return on $54,348 initial cash invested.
-7.99%
Cash On Cash
5.36%
Cap Rate
0.81
DSCR
$1,777
Rent
-$362
Cashflow
Cash Flow
$1,777 income − $2,139 expenses = $362 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,348
Downpayment
20%
$51,760
Closing costs
1%
$2,588
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$2,139
Mortgage P&I
80%
$1,428
Property Taxes
8%
$140
Home Insurance
5%
$92
HOA
1%
$16
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0