This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $54,579 initial cash invested.
-7.85%
Cash On Cash
5.3%
Cap Rate
0.81
DSCR
$1,668
Rent
-$357
Cashflow
Cash Flow
$1,668 income − $2,025 expenses = $357 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,668
Total Expenses
$2,025
Mortgage P&I
85%
$1,421
Property Taxes
5%
$80
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0