This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $53,634 initial cash invested.
-10.45%
Cash On Cash
4.87%
Cap Rate
0.73
DSCR
$1,601
Rent
-$467
Cashflow
Cash Flow
$1,601 income − $2,068 expenses = $467 out of pocket
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,634
Downpayment
20%
$51,080
Closing costs
1%
$2,554
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,601
Total Expenses
$2,068
Mortgage P&I
89%
$1,423
Property Taxes
9%
$138
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0