This property looks like a bad Long-Term investment with a projected -4.53% first-year return on $53,760 initial cash invested.
-4.53%
Cash On Cash
5.63%
Cap Rate
0.92
DSCR
$1,973
Rent
-$203
Cashflow
Cash Flow
$1,973 income − $2,176 expenses = $203 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,973
Total Expenses
$2,176
Mortgage P&I
66%
$1,306
Property Taxes
14%
$267
Home Insurance
5%
$90
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0