This property looks like a bad Long-Term investment with a projected -14.74% first-year return on $54,453 initial cash invested.
-14.74%
Cash On Cash
4%
Cap Rate
0.6
DSCR
$1,673
Rent
-$669
Cashflow
Cash Flow
$1,673 income − $2,342 expenses = $669 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,453
Downpayment
20%
$51,860
Closing costs
1%
$2,593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,673
Total Expenses
$2,342
Mortgage P&I
87%
$1,449
Property Taxes
22%
$372
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0