This property looks like a bad Long-Term investment with a projected -14.93% first-year return on $53,844 initial cash invested.
-14.93%
Cash On Cash
3.75%
Cap Rate
0.57
DSCR
$1,523
Rent
-$670
Cashflow
Cash Flow
$1,523 income − $2,193 expenses = $670 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,844
Downpayment
20%
$51,280
Closing costs
1%
$2,564
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,523
Total Expenses
$2,193
Mortgage P&I
92%
$1,396
Property Taxes
20%
$301
Home Insurance
7%
$101
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0