This property looks like a bad Long-Term investment with a projected -10.2% first-year return on $53,781 initial cash invested.
-10.2%
Cash On Cash
4.83%
Cap Rate
0.73
DSCR
$1,602
Rent
-$457
Cashflow
Cash Flow
$1,602 income − $2,059 expenses = $457 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,781
Downpayment
20%
$51,220
Closing costs
1%
$2,561
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,602
Total Expenses
$2,059
Mortgage P&I
88%
$1,408
Property Taxes
8%
$128
Home Insurance
7%
$107
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0