This property looks like a bad Long-Term investment with a projected -10.49% first-year return on $54,894 initial cash invested.
-10.49%
Cash On Cash
4.89%
Cap Rate
0.73
DSCR
$1,546
Rent
-$480
Cashflow
Cash Flow
$1,546 income − $2,026 expenses = $480 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,894
Downpayment
20%
$52,280
Closing costs
1%
$2,614
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,546
Total Expenses
$2,026
Mortgage P&I
95%
$1,469
Property Taxes
4%
$67
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0