This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $53,844 initial cash invested.
-11.7%
Cash On Cash
4.57%
Cap Rate
0.69
DSCR
$1,705
Rent
-$525
Cashflow
Cash Flow
$1,705 income − $2,230 expenses = $525 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,844
Downpayment
20%
$51,280
Closing costs
1%
$2,564
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,705
Total Expenses
$2,230
Mortgage P&I
83%
$1,417
Property Taxes
16%
$280
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0