This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $54,579 initial cash invested.
-10.31%
Cash On Cash
4.27%
Cap Rate
0.7
DSCR
$1,584
Rent
-$469
Cashflow
Cash Flow
$1,584 income − $2,053 expenses = $469 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,584
Total Expenses
$2,053
Mortgage P&I
83%
$1,314
Property Taxes
15%
$234
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0