This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $54,579 initial cash invested.
-11.52%
Cash On Cash
4.18%
Cap Rate
0.67
DSCR
$1,627
Rent
-$524
Cashflow
Cash Flow
$1,627 income − $2,151 expenses = $524 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,627
Total Expenses
$2,151
Mortgage P&I
83%
$1,349
Property Taxes
18%
$288
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0