This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $54,453 initial cash invested.
-11.46%
Cash On Cash
4.16%
Cap Rate
0.67
DSCR
$1,611
Rent
-$520
Cashflow
Cash Flow
$1,611 income − $2,131 expenses = $520 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,453
Downpayment
20%
$51,860
Closing costs
1%
$2,593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,611
Total Expenses
$2,131
Mortgage P&I
83%
$1,337
Property Taxes
17%
$271
Home Insurance
6%
$103
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0