This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $54,579 initial cash invested.
-9.89%
Cash On Cash
4.96%
Cap Rate
0.75
DSCR
$1,811
Rent
-$450
Cashflow
Cash Flow
$1,811 income − $2,261 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,811
Total Expenses
$2,261
Mortgage P&I
79%
$1,433
Property Taxes
15%
$265
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0