This property looks like a bad Long-Term investment with a projected -5.66% first-year return on $53,382 initial cash invested.
-5.66%
Cash On Cash
5.42%
Cap Rate
0.87
DSCR
$1,725
Rent
-$252
Cashflow
Cash Flow
$1,725 income − $1,977 expenses = $252 out of pocket
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,382
Downpayment
20%
$50,840
Closing costs
1%
$2,542
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,725
Total Expenses
$1,977
Mortgage P&I
76%
$1,314
Property Taxes
7%
$124
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0