This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $53,613 initial cash invested.
-5.19%
Cash On Cash
5.95%
Cap Rate
0.9
DSCR
$1,836
Rent
-$232
Cashflow
Cash Flow
$1,836 income − $2,068 expenses = $232 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,613
Downpayment
20%
$51,060
Closing costs
1%
$2,553
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,836
Total Expenses
$2,068
Mortgage P&I
77%
$1,405
Property Taxes
5%
$94
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0