This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $53,718 initial cash invested.
-10.86%
Cash On Cash
4.59%
Cap Rate
0.72
DSCR
$2,067
Rent
-$486
Cashflow
Cash Flow
$2,067 income − $2,553 expenses = $486 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,718
Downpayment
20%
$51,160
Closing costs
1%
$2,558
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,067
Total Expenses
$2,553
Mortgage P&I
66%
$1,362
Property Taxes
17%
$360
Home Insurance
4%
$92
HOA
10%
$202
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0