This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $54,579 initial cash invested.
-13.04%
Cash On Cash
4.45%
Cap Rate
0.66
DSCR
$2,120
Rent
-$593
Cashflow
Cash Flow
$2,120 income − $2,713 expenses = $593 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,120
Total Expenses
$2,713
Mortgage P&I
68%
$1,450
Property Taxes
27%
$571
Home Insurance
4%
$91
HOA
2%
$50
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0