This property looks like a bad Long-Term investment with a projected -10.72% first-year return on $54,390 initial cash invested.
-10.72%
Cash On Cash
4.88%
Cap Rate
0.72
DSCR
$1,652
Rent
-$486
Cashflow
Cash Flow
$1,652 income − $2,138 expenses = $486 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,652
Total Expenses
$2,138
Mortgage P&I
88%
$1,456
Property Taxes
10%
$159
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0