This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $54,579 initial cash invested.
-9.78%
Cash On Cash
5.12%
Cap Rate
0.76
DSCR
$1,935
Rent
-$445
Cashflow
Cash Flow
$1,935 income − $2,380 expenses = $445 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,935
Total Expenses
$2,380
Mortgage P&I
75%
$1,457
Property Taxes
17%
$328
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0