This property looks like a bad Long-Term investment with a projected -16.14% first-year return on $54,579 initial cash invested.
-16.14%
Cash On Cash
3.17%
Cap Rate
0.51
DSCR
$1,553
Rent
-$734
Cashflow
Cash Flow
$1,553 income − $2,287 expenses = $734 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,553
Total Expenses
$2,287
Mortgage P&I
86%
$1,343
Property Taxes
29%
$449
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0