This property looks like a bad Long-Term investment with a projected -12.84% first-year return on $54,285 initial cash invested.
-12.84%
Cash On Cash
4.39%
Cap Rate
0.65
DSCR
$1,444
Rent
-$581
Cashflow
Cash Flow
$1,444 income − $2,025 expenses = $581 out of pocket
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,285
Downpayment
20%
$51,700
Closing costs
1%
$2,585
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,444
Total Expenses
$2,025
Mortgage P&I
101%
$1,454
Property Taxes
7%
$102
Home Insurance
7%
$94
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0