This property looks like a bad Long-Term investment with a projected -7.82% first-year return on $54,453 initial cash invested.
-7.82%
Cash On Cash
5.37%
Cap Rate
0.81
DSCR
$1,667
Rent
-$355
Cashflow
Cash Flow
$1,667 income − $2,022 expenses = $355 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,453
Downpayment
20%
$51,860
Closing costs
1%
$2,593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,667
Total Expenses
$2,022
Mortgage P&I
86%
$1,433
Property Taxes
5%
$90
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0