This property looks like a bad Long-Term investment with a projected -8.41% first-year return on $55,230 initial cash invested.
-8.41%
Cash On Cash
4.81%
Cap Rate
0.78
DSCR
$1,751
Rent
-$387
Cashflow
Cash Flow
$1,751 income − $2,138 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,230
Downpayment
20%
$52,600
Closing costs
1%
$2,630
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,751
Total Expenses
$2,138
Mortgage P&I
77%
$1,354
Property Taxes
13%
$234
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0