This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $54,579 initial cash invested.
-9.96%
Cash On Cash
4.61%
Cap Rate
0.73
DSCR
$1,672
Rent
-$453
Cashflow
Cash Flow
$1,672 income − $2,125 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,672
Total Expenses
$2,125
Mortgage P&I
82%
$1,367
Property Taxes
14%
$232
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0