This property looks like a bad Long-Term investment with a projected -12.15% first-year return on $53,445 initial cash invested.
-12.15%
Cash On Cash
4.45%
Cap Rate
0.68
DSCR
$1,855
Rent
-$541
Cashflow
Cash Flow
$1,855 income − $2,396 expenses = $541 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,445
Downpayment
20%
$50,900
Closing costs
1%
$2,545
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,855
Total Expenses
$2,396
Mortgage P&I
75%
$1,392
Property Taxes
19%
$357
Home Insurance
5%
$89
HOA
4%
$75
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0