This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $54,474 initial cash invested.
-11.63%
Cash On Cash
4.11%
Cap Rate
0.67
DSCR
$1,787
Rent
-$528
Cashflow
Cash Flow
$1,787 income − $2,315 expenses = $528 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,474
Downpayment
20%
$51,880
Closing costs
1%
$2,594
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,787
Total Expenses
$2,315
Mortgage P&I
74%
$1,327
Property Taxes
14%
$244
Home Insurance
6%
$100
HOA
10%
$180
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0