This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $54,747 initial cash invested.
-9.1%
Cash On Cash
4.96%
Cap Rate
0.78
DSCR
$2,081
Rent
-$415
Cashflow
Cash Flow
$2,081 income − $2,496 expenses = $415 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,747
Downpayment
20%
$52,140
Closing costs
1%
$2,607
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,081
Total Expenses
$2,496
Mortgage P&I
67%
$1,388
Property Taxes
23%
$473
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0