This property looks like a bad Long-Term investment with a projected -15.03% first-year return on $54,138 initial cash invested.
-15.03%
Cash On Cash
3.82%
Cap Rate
0.58
DSCR
$1,870
Rent
-$678
Cashflow
Cash Flow
$1,870 income − $2,548 expenses = $678 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,138
Downpayment
20%
$51,560
Closing costs
1%
$2,578
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,870
Total Expenses
$2,548
Mortgage P&I
75%
$1,404
Property Taxes
30%
$555
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0