This property looks like a bad Long-Term investment with a projected -0.31% first-year return on $53,907 initial cash invested.
-0.31%
Cash On Cash
7.24%
Cap Rate
1.07
DSCR
$2,189
Rent
-$14
Cashflow
Cash Flow
$2,189 income − $2,203 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,907
Downpayment
20%
$51,340
Closing costs
1%
$2,567
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,189
Total Expenses
$2,203
Mortgage P&I
66%
$1,453
Property Taxes
3%
$60
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0