This property looks like a bad Long-Term investment with a projected -12.17% first-year return on $53,550 initial cash invested.
-12.17%
Cash On Cash
4.35%
Cap Rate
0.66
DSCR
$1,531
Rent
-$543
Cashflow
Cash Flow
$1,531 income − $2,074 expenses = $543 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,531
Total Expenses
$2,074
Mortgage P&I
91%
$1,391
Property Taxes
13%
$195
Home Insurance
6%
$89
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0