This property looks like a bad Long-Term investment with a projected -10.77% first-year return on $54,390 initial cash invested.
-10.77%
Cash On Cash
4.87%
Cap Rate
0.72
DSCR
$1,717
Rent
-$488
Cashflow
Cash Flow
$1,717 income − $2,205 expenses = $488 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
$1,717
Total Expenses
$2,205
Mortgage P&I
85%
$1,454
Property Taxes
13%
$218
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0