This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $54,180 initial cash invested.
-8.44%
Cash On Cash
5.19%
Cap Rate
0.79
DSCR
$1,848
Rent
-$381
Cashflow
Cash Flow
$1,848 income − $2,229 expenses = $381 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,848
Total Expenses
$2,229
Mortgage P&I
76%
$1,405
Property Taxes
14%
$254
Home Insurance
5%
$90
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0