This property looks like a bad Long-Term investment with a projected -14.13% first-year return on $54,621 initial cash invested.
-14.13%
Cash On Cash
3.91%
Cap Rate
0.6
DSCR
$1,744
Rent
-$643
Cashflow
Cash Flow
$1,744 income − $2,387 expenses = $643 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,621
Downpayment
20%
$52,020
Closing costs
1%
$2,601
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,744
Total Expenses
$2,387
Mortgage P&I
80%
$1,403
Property Taxes
26%
$445
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0