This property looks like a bad Long-Term investment with a projected -4.47% first-year return on $53,697 initial cash invested.
-4.47%
Cash On Cash
5.66%
Cap Rate
0.93
DSCR
$2,119
Rent
-$200
Cashflow
Cash Flow
$2,119 income − $2,319 expenses = $200 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,697
Downpayment
20%
$51,140
Closing costs
1%
$2,557
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,119
Total Expenses
$2,319
Mortgage P&I
61%
$1,300
Property Taxes
18%
$376
Home Insurance
4%
$92
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0