This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $54,012 initial cash invested.
-11.46%
Cash On Cash
4.76%
Cap Rate
0.71
DSCR
$1,880
Rent
-$516
Cashflow
Cash Flow
$1,880 income − $2,396 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,880
Total Expenses
$2,396
Mortgage P&I
77%
$1,442
Property Taxes
20%
$372
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0