This property looks like a bad Long-Term investment with a projected -7.12% first-year return on $54,096 initial cash invested.
-7.12%
Cash On Cash
5.34%
Cap Rate
0.83
DSCR
$1,673
Rent
-$321
Cashflow
Cash Flow
$1,673 income − $1,994 expenses = $321 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,096
Downpayment
20%
$51,520
Closing costs
1%
$2,576
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,673
Total Expenses
$1,994
Mortgage P&I
83%
$1,384
Property Taxes
5%
$77
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0