This property looks like a bad Long-Term investment with a projected -10.79% first-year return on $54,957 initial cash invested.
-10.79%
Cash On Cash
4.7%
Cap Rate
0.71
DSCR
$1,641
Rent
-$494
Cashflow
Cash Flow
$1,641 income − $2,135 expenses = $494 out of pocket
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,957
Downpayment
20%
$52,340
Closing costs
1%
$2,617
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,641
Total Expenses
$2,135
Mortgage P&I
88%
$1,436
Property Taxes
11%
$180
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0