This property looks like a bad Long-Term investment with a projected -11.33% first-year return on $53,466 initial cash invested.
-11.33%
Cash On Cash
4.27%
Cap Rate
0.68
DSCR
$1,603
Rent
-$505
Cashflow
Cash Flow
$1,603 income − $2,108 expenses = $505 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,466
Downpayment
20%
$50,920
Closing costs
1%
$2,546
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,603
Total Expenses
$2,108
Mortgage P&I
83%
$1,330
Property Taxes
17%
$271
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0