This property looks like a bad Long-Term investment with a projected -11.44% first-year return on $53,928 initial cash invested.
-11.44%
Cash On Cash
4.11%
Cap Rate
0.67
DSCR
$1,619
Rent
-$514
Cashflow
Cash Flow
$1,619 income − $2,133 expenses = $514 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,928
Downpayment
20%
$51,360
Closing costs
1%
$2,568
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,619
Total Expenses
$2,133
Mortgage P&I
81%
$1,313
Property Taxes
18%
$291
Home Insurance
7%
$108
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0