This property looks like a bad Long-Term investment with a projected -13.93% first-year return on $53,676 initial cash invested.
-13.93%
Cash On Cash
3.94%
Cap Rate
0.6
DSCR
$1,465
Rent
-$623
Cashflow
Cash Flow
$1,465 income − $2,088 expenses = $623 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,465
Total Expenses
$2,088
Mortgage P&I
95%
$1,390
Property Taxes
16%
$230
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0