This property looks like a bad Long-Term investment with a projected -14.41% first-year return on $53,802 initial cash invested.
-14.41%
Cash On Cash
4.03%
Cap Rate
0.6
DSCR
$1,505
Rent
-$646
Cashflow
Cash Flow
$1,505 income − $2,151 expenses = $646 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,802
Downpayment
20%
$51,240
Closing costs
1%
$2,562
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,505
Total Expenses
$2,151
Mortgage P&I
95%
$1,432
Property Taxes
16%
$236
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0