This property looks like a bad Long-Term investment with a projected -7.46% first-year return on $53,739 initial cash invested.
-7.46%
Cash On Cash
5.47%
Cap Rate
0.82
DSCR
$1,718
Rent
-$334
Cashflow
Cash Flow
$1,718 income − $2,052 expenses = $334 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,739
Downpayment
20%
$51,180
Closing costs
1%
$2,559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,718
Total Expenses
$2,052
Mortgage P&I
82%
$1,414
Property Taxes
6%
$103
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0