This property looks like a bad Long-Term investment with a projected -8.69% first-year return on $54,558 initial cash invested.
-8.69%
Cash On Cash
5.03%
Cap Rate
0.78
DSCR
$1,843
Rent
-$395
Cashflow
Cash Flow
$1,843 income − $2,238 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,558
Downpayment
20%
$51,960
Closing costs
1%
$2,598
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,843
Total Expenses
$2,238
Mortgage P&I
76%
$1,393
Property Taxes
15%
$273
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0