This property looks like a bad Long-Term investment with a projected -13.75% first-year return on $54,390 initial cash invested.
-13.75%
Cash On Cash
4.15%
Cap Rate
0.62
DSCR
$1,546
Rent
-$623
Cashflow
Cash Flow
$1,546 income − $2,169 expenses = $623 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,546
Total Expenses
$2,169
Mortgage P&I
93%
$1,442
Property Taxes
15%
$234
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0