This property looks like a bad Long-Term investment with a projected -8.82% first-year return on $56,490 initial cash invested.
-8.82%
Cash On Cash
5.11%
Cap Rate
0.78
DSCR
$1,765
Rent
-$415
Cashflow
Cash Flow
$1,765 income − $2,180 expenses = $415 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,765
Total Expenses
$2,180
Mortgage P&I
83%
$1,473
Property Taxes
9%
$155
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0