This property looks like a bad Long-Term investment with a projected -11.94% first-year return on $53,760 initial cash invested.
-11.94%
Cash On Cash
4.44%
Cap Rate
0.67
DSCR
$1,513
Rent
-$535
Cashflow
Cash Flow
$1,513 income − $2,048 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,513
Total Expenses
$2,048
Mortgage P&I
93%
$1,406
Property Taxes
10%
$154
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0