This property looks like a bad Long-Term investment with a projected -17.85% first-year return on $54,642 initial cash invested.
-17.85%
Cash On Cash
2.69%
Cap Rate
0.43
DSCR
$1,099
Rent
-$813
Cashflow
Cash Flow
$1,099 income − $1,912 expenses = $813 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,642
Downpayment
20%
$52,040
Closing costs
1%
$2,602
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,099
Total Expenses
$1,912
Mortgage P&I
122%
$1,341
Property Taxes
17%
$191
Home Insurance
9%
$94
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0