This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $53,970 initial cash invested.
-7.27%
Cash On Cash
5.44%
Cap Rate
0.83
DSCR
$1,757
Rent
-$327
Cashflow
Cash Flow
$1,757 income − $2,084 expenses = $327 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,970
Downpayment
20%
$51,400
Closing costs
1%
$2,570
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,757
Total Expenses
$2,084
Mortgage P&I
80%
$1,403
Property Taxes
8%
$134
Home Insurance
5%
$90
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0