This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $54,390 initial cash invested.
-8.56%
Cash On Cash
4.85%
Cap Rate
0.78
DSCR
$1,779
Rent
-$388
Cashflow
Cash Flow
$1,779 income − $2,167 expenses = $388 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,779
Total Expenses
$2,167
Mortgage P&I
76%
$1,345
Property Taxes
15%
$268
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0