This property looks like a bad Long-Term investment with a projected -15.63% first-year return on $54,579 initial cash invested.
-15.63%
Cash On Cash
3.74%
Cap Rate
0.56
DSCR
$1,468
Rent
-$711
Cashflow
Cash Flow
$1,468 income − $2,179 expenses = $711 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,468
Total Expenses
$2,179
Mortgage P&I
99%
$1,447
Property Taxes
18%
$260
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0