This property looks like a bad Long-Term investment with a projected -8.82% first-year return on $54,012 initial cash invested.
-8.82%
Cash On Cash
4.9%
Cap Rate
0.77
DSCR
$1,556
Rent
-$397
Cashflow
Cash Flow
$1,556 income − $1,953 expenses = $397 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,012
Downpayment
20%
$51,440
Closing costs
1%
$2,572
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,556
Total Expenses
$1,953
Mortgage P&I
88%
$1,369
Property Taxes
5%
$85
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0