This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $54,180 initial cash invested.
-8.99%
Cash On Cash
5.11%
Cap Rate
0.78
DSCR
$1,776
Rent
-$406
Cashflow
Cash Flow
$1,776 income − $2,182 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,776
Total Expenses
$2,182
Mortgage P&I
80%
$1,416
Property Taxes
12%
$212
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0