This property looks like a bad Long-Term investment with a projected -5.96% first-year return on $54,159 initial cash invested.
-5.96%
Cash On Cash
5.54%
Cap Rate
0.87
DSCR
$1,672
Rent
-$269
Cashflow
Cash Flow
$1,672 income − $1,941 expenses = $269 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,159
Downpayment
20%
$51,580
Closing costs
1%
$2,579
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,672
Total Expenses
$1,941
Mortgage P&I
82%
$1,376
Property Taxes
2%
$37
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0