This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $54,852 initial cash invested.
-9.71%
Cash On Cash
4.87%
Cap Rate
0.76
DSCR
$2,337
Rent
-$444
Cashflow
Cash Flow
$2,337 income − $2,781 expenses = $444 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,337
Total Expenses
$2,781
Mortgage P&I
59%
$1,387
Property Taxes
20%
$459
Home Insurance
4%
$94
HOA
10%
$233
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0