This property looks like a bad Long-Term investment with a projected -2.29% first-year return on $53,361 initial cash invested.
-2.29%
Cash On Cash
6.64%
Cap Rate
1
DSCR
$2,044
Rent
-$102
Cashflow
Cash Flow
$2,044 income − $2,146 expenses = $102 out of pocket
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,361
Downpayment
20%
$50,820
Closing costs
1%
$2,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,044
Total Expenses
$2,146
Mortgage P&I
69%
$1,405
Property Taxes
6%
$119
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0