This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $54,180 initial cash invested.
-13.91%
Cash On Cash
4.14%
Cap Rate
0.61
DSCR
$1,356
Rent
-$628
Cashflow
Cash Flow
$1,356 income − $1,984 expenses = $628 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,356
Total Expenses
$1,984
Mortgage P&I
107%
$1,450
Property Taxes
7%
$91
Home Insurance
7%
$90
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0