This property looks like a bad Long-Term investment with a projected -7.34% first-year return on $53,760 initial cash invested.
-7.34%
Cash On Cash
5.46%
Cap Rate
0.83
DSCR
$1,706
Rent
-$329
Cashflow
Cash Flow
$1,706 income − $2,035 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,706
Total Expenses
$2,035
Mortgage P&I
83%
$1,409
Property Taxes
6%
$94
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0