This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $54,180 initial cash invested.
-10.43%
Cash On Cash
4.54%
Cap Rate
0.71
DSCR
$1,541
Rent
-$471
Cashflow
Cash Flow
$1,541 income − $2,012 expenses = $471 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,541
Total Expenses
$2,012
Mortgage P&I
89%
$1,371
Property Taxes
10%
$151
Home Insurance
6%
$90
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0