This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $55,314 initial cash invested.
-7.42%
Cash On Cash
5.43%
Cap Rate
0.83
DSCR
$1,937
Rent
-$342
Cashflow
Cash Flow
$1,937 income − $2,279 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,314
Downpayment
20%
$52,680
Closing costs
1%
$2,634
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,937
Total Expenses
$2,279
Mortgage P&I
74%
$1,437
Property Taxes
12%
$233
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0