This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $54,201 initial cash invested.
-7.06%
Cash On Cash
5.1%
Cap Rate
0.83
DSCR
$1,966
Rent
-$319
Cashflow
Cash Flow
$1,966 income − $2,285 expenses = $319 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,966
Total Expenses
$2,285
Mortgage P&I
67%
$1,317
Property Taxes
19%
$364
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0