This property looks like a bad Long-Term investment with a projected -4.95% first-year return on $55,041 initial cash invested.
-4.95%
Cash On Cash
5.86%
Cap Rate
0.91
DSCR
$2,007
Rent
-$227
Cashflow
Cash Flow
$2,007 income − $2,234 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,041
Downpayment
20%
$52,420
Closing costs
1%
$2,621
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,007
Total Expenses
$2,234
Mortgage P&I
70%
$1,406
Property Taxes
11%
$214
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0