This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $54,957 initial cash invested.
-11.57%
Cash On Cash
4.58%
Cap Rate
0.7
DSCR
$2,082
Rent
-$530
Cashflow
Cash Flow
$2,082 income − $2,612 expenses = $530 out of pocket
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,957
Downpayment
20%
$52,340
Closing costs
1%
$2,617
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,082
Total Expenses
$2,612
Mortgage P&I
68%
$1,424
Property Taxes
26%
$533
Home Insurance
5%
$96
HOA
1%
$18
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0