This property looks like a bad Long-Term investment with a projected -12.7% first-year return on $53,676 initial cash invested.
-12.7%
Cash On Cash
4.45%
Cap Rate
0.66
DSCR
$1,755
Rent
-$568
Cashflow
Cash Flow
$1,755 income − $2,323 expenses = $568 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,755
Total Expenses
$2,323
Mortgage P&I
81%
$1,428
Property Taxes
20%
$347
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0