This property looks like a bad Long-Term investment with a projected -9.77% first-year return on $53,655 initial cash invested.
-9.77%
Cash On Cash
4.92%
Cap Rate
0.75
DSCR
$1,610
Rent
-$437
Cashflow
Cash Flow
$1,610 income − $2,047 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,655
Downpayment
20%
$51,100
Closing costs
1%
$2,555
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,610
Total Expenses
$2,047
Mortgage P&I
87%
$1,405
Property Taxes
6%
$96
Home Insurance
7%
$108
HOA
1%
$20
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$97
Maintenance
5%
$80
Other
0%
$0