This property looks like a bad Long-Term investment with a projected -11.32% first-year return on $55,020 initial cash invested.
-11.32%
Cash On Cash
4.64%
Cap Rate
0.7
DSCR
$1,566
Rent
-$519
Cashflow
Cash Flow
$1,566 income − $2,085 expenses = $519 out of pocket
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,020
Downpayment
20%
$52,400
Closing costs
1%
$2,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,566
Total Expenses
$2,085
Mortgage P&I
93%
$1,454
Property Taxes
8%
$132
Home Insurance
6%
$92
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0