This property looks like a bad Long-Term investment with a projected -11.76% first-year return on $53,970 initial cash invested.
-11.76%
Cash On Cash
4.58%
Cap Rate
0.69
DSCR
$1,760
Rent
-$529
Cashflow
Cash Flow
$1,760 income − $2,289 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,970
Downpayment
20%
$51,400
Closing costs
1%
$2,570
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,760
Total Expenses
$2,289
Mortgage P&I
81%
$1,421
Property Taxes
18%
$322
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0