This property looks like a bad Long-Term investment with a projected -3.47% first-year return on $54,579 initial cash invested.
-3.47%
Cash On Cash
5.86%
Cap Rate
0.95
DSCR
$1,864
Rent
-$158
Cashflow
Cash Flow
$1,864 income − $2,022 expenses = $158 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,864
Total Expenses
$2,022
Mortgage P&I
72%
$1,335
Property Taxes
6%
$112
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0