This property looks like a bad Long-Term investment with a projected -6.5% first-year return on $54,852 initial cash invested.
-6.5%
Cash On Cash
5.9%
Cap Rate
0.88
DSCR
$2,546
Rent
-$297
Cashflow
Cash Flow
$2,546 income − $2,843 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,546
Total Expenses
$2,843
Mortgage P&I
57%
$1,454
Property Taxes
23%
$578
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0