This property looks like a bad Long-Term investment with a projected -9.98% first-year return on $53,256 initial cash invested.
-9.98%
Cash On Cash
4.71%
Cap Rate
0.74
DSCR
$1,787
Rent
-$443
Cashflow
Cash Flow
$1,787 income − $2,230 expenses = $443 out of pocket
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,256
Downpayment
20%
$50,720
Closing costs
1%
$2,536
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,787
Total Expenses
$2,230
Mortgage P&I
75%
$1,349
Property Taxes
18%
$326
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0