This property looks like a bad Long-Term investment with a projected -5.35% first-year return on $53,865 initial cash invested.
-5.35%
Cash On Cash
5.85%
Cap Rate
0.9
DSCR
$1,909
Rent
-$240
Cashflow
Cash Flow
$1,909 income − $2,149 expenses = $240 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,865
Downpayment
20%
$51,300
Closing costs
1%
$2,565
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,909
Total Expenses
$2,149
Mortgage P&I
73%
$1,395
Property Taxes
9%
$170
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$115
Maintenance
5%
$95
Other
0%
$0