This property looks like a bad Long-Term investment with a projected -15.72% first-year return on $54,201 initial cash invested.
-15.72%
Cash On Cash
3.68%
Cap Rate
0.55
DSCR
$1,455
Rent
-$710
Cashflow
Cash Flow
$1,455 income − $2,165 expenses = $710 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,455
Total Expenses
$2,165
Mortgage P&I
98%
$1,428
Property Taxes
18%
$265
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0