This property looks like a bad Long-Term investment with a projected -16.12% first-year return on $54,432 initial cash invested.
-16.12%
Cash On Cash
3.56%
Cap Rate
0.54
DSCR
$1,567
Rent
-$731
Cashflow
Cash Flow
$1,567 income − $2,298 expenses = $731 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,432
Downpayment
20%
$51,840
Closing costs
1%
$2,592
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,567
Total Expenses
$2,298
Mortgage P&I
91%
$1,423
Property Taxes
25%
$393
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0