This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $54,642 initial cash invested.
-11.38%
Cash On Cash
4.58%
Cap Rate
0.7
DSCR
$1,723
Rent
-$518
Cashflow
Cash Flow
$1,723 income − $2,241 expenses = $518 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,642
Downpayment
20%
$52,040
Closing costs
1%
$2,602
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,723
Total Expenses
$2,241
Mortgage P&I
83%
$1,425
Property Taxes
15%
$258
Home Insurance
5%
$94
HOA
1%
$17
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0