This property looks like a bad Long-Term investment with a projected -7.59% first-year return on $54,201 initial cash invested.
-7.59%
Cash On Cash
4.94%
Cap Rate
0.8
DSCR
$1,524
Rent
-$343
Cashflow
Cash Flow
$1,524 income − $1,867 expenses = $343 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,524
Total Expenses
$1,867
Mortgage P&I
87%
$1,329
Property Taxes
3%
$50
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0