This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $53,445 initial cash invested.
-10.46%
Cash On Cash
4.9%
Cap Rate
0.74
DSCR
$1,944
Rent
-$466
Cashflow
Cash Flow
$1,944 income − $2,410 expenses = $466 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,944
Total Expenses
$2,410
Mortgage P&I
72%
$1,409
Property Taxes
9%
$172
Home Insurance
5%
$91
HOA
12%
$233
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0