This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $54,369 initial cash invested.
-7.11%
Cash On Cash
5.49%
Cap Rate
0.84
DSCR
$1,827
Rent
-$322
Cashflow
Cash Flow
$1,827 income − $2,149 expenses = $322 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,369
Downpayment
20%
$51,780
Closing costs
1%
$2,589
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,827
Total Expenses
$2,149
Mortgage P&I
78%
$1,416
Property Taxes
9%
$158
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0