This property looks like a bad Long-Term investment with a projected -4.46% first-year return on $54,390 initial cash invested.
-4.46%
Cash On Cash
6.05%
Cap Rate
0.93
DSCR
$2,218
Rent
-$202
Cashflow
Cash Flow
$2,218 income − $2,420 expenses = $202 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,218
Total Expenses
$2,420
Mortgage P&I
63%
$1,397
Property Taxes
17%
$369
Home Insurance
3%
$77
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0