This property looks like a bad Long-Term investment with a projected -18.1% first-year return on $54,495 initial cash invested.
-18.1%
Cash On Cash
2.73%
Cap Rate
0.44
DSCR
$1,547
Rent
-$822
Cashflow
Cash Flow
$1,547 income − $2,369 expenses = $822 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,495
Downpayment
20%
$51,900
Closing costs
1%
$2,595
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,547
Total Expenses
$2,369
Mortgage P&I
86%
$1,336
Property Taxes
32%
$498
Home Insurance
9%
$133
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0