This property looks like a bad Long-Term investment with a projected -8.41% first-year return on $53,676 initial cash invested.
-8.41%
Cash On Cash
5.44%
Cap Rate
0.81
DSCR
$1,943
Rent
-$376
Cashflow
Cash Flow
$1,943 income − $2,319 expenses = $376 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,943
Total Expenses
$2,319
Mortgage P&I
74%
$1,438
Property Taxes
15%
$297
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0