This property looks like a bad Long-Term investment with a projected -9.49% first-year return on $54,516 initial cash invested.
-9.49%
Cash On Cash
4.63%
Cap Rate
0.74
DSCR
$1,680
Rent
-$431
Cashflow
Cash Flow
$1,680 income − $2,111 expenses = $431 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,516
Downpayment
20%
$51,920
Closing costs
1%
$2,596
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,680
Total Expenses
$2,111
Mortgage P&I
80%
$1,348
Property Taxes
14%
$233
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0