This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $53,718 initial cash invested.
-10.86%
Cash On Cash
4.53%
Cap Rate
0.7
DSCR
$1,563
Rent
-$486
Cashflow
Cash Flow
$1,563 income − $2,049 expenses = $486 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,718
Downpayment
20%
$51,160
Closing costs
1%
$2,558
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,563
Total Expenses
$2,049
Mortgage P&I
88%
$1,373
Property Taxes
11%
$179
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0