This property looks like a bad Long-Term investment with a projected -7.68% first-year return on $53,886 initial cash invested.
-7.68%
Cash On Cash
5.51%
Cap Rate
0.82
DSCR
$1,784
Rent
-$345
Cashflow
Cash Flow
$1,784 income − $2,129 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,886
Downpayment
20%
$51,320
Closing costs
1%
$2,566
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,784
Total Expenses
$2,129
Mortgage P&I
80%
$1,435
Property Taxes
8%
$140
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0