This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $54,579 initial cash invested.
-13.04%
Cash On Cash
4.36%
Cap Rate
0.65
DSCR
$1,619
Rent
-$593
Cashflow
Cash Flow
$1,619 income − $2,212 expenses = $593 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,619
Total Expenses
$2,212
Mortgage P&I
90%
$1,456
Property Taxes
11%
$173
Home Insurance
6%
$91
HOA
4%
$71
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0