This property looks like a bad Long-Term investment with a projected -13.57% first-year return on $54,033 initial cash invested.
-13.57%
Cash On Cash
4.3%
Cap Rate
0.64
DSCR
$1,974
Rent
-$611
Cashflow
Cash Flow
$1,974 income − $2,585 expenses = $611 out of pocket
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,033
Downpayment
20%
$51,460
Closing costs
1%
$2,573
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,974
Total Expenses
$2,585
Mortgage P&I
73%
$1,433
Property Taxes
28%
$548
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0