This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $54,747 initial cash invested.
-12.67%
Cash On Cash
4.25%
Cap Rate
0.65
DSCR
$1,695
Rent
-$578
Cashflow
Cash Flow
$1,695 income − $2,273 expenses = $578 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,747
Downpayment
20%
$52,140
Closing costs
1%
$2,607
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,695
Total Expenses
$2,273
Mortgage P&I
84%
$1,417
Property Taxes
19%
$321
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0