This property looks like a bad Long-Term investment with a projected -0.28% first-year return on $55,251 initial cash invested.
-0.28%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$2,181
Rent
-$13
Cashflow
Cash Flow
$2,181 income − $2,194 expenses = $13 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,251
Downpayment
20%
$52,620
Closing costs
1%
$2,631
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,181
Total Expenses
$2,194
Mortgage P&I
67%
$1,455
Property Taxes
3%
$76
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0