This property looks like a bad Long-Term investment with a projected -15.44% first-year return on $54,390 initial cash invested.
-15.44%
Cash On Cash
3.78%
Cap Rate
0.57
DSCR
$1,458
Rent
-$700
Cashflow
Cash Flow
$1,458 income − $2,158 expenses = $700 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,458
Total Expenses
$2,158
Mortgage P&I
99%
$1,443
Property Taxes
17%
$245
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0