This property looks like a bad Long-Term investment with a projected -11.35% first-year return on $54,579 initial cash invested.
-11.35%
Cash On Cash
4.71%
Cap Rate
0.7
DSCR
$1,687
Rent
-$516
Cashflow
Cash Flow
$1,687 income − $2,203 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,687
Total Expenses
$2,203
Mortgage P&I
86%
$1,452
Property Taxes
13%
$222
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0