This property looks like a bad Long-Term investment with a projected -5.23% first-year return on $54,579 initial cash invested.
-5.23%
Cash On Cash
5.55%
Cap Rate
0.9
DSCR
$1,963
Rent
-$238
Cashflow
Cash Flow
$1,963 income − $2,201 expenses = $238 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
$1,963
Total Expenses
$2,201
Mortgage P&I
68%
$1,342
Property Taxes
13%
$258
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0