This property looks like a bad Long-Term investment with a projected -5.1% first-year return on $55,965 initial cash invested.
-5.1%
Cash On Cash
5.49%
Cap Rate
0.9
DSCR
$1,947
Rent
-$238
Cashflow
Cash Flow
$1,947 income − $2,185 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,965
Downpayment
20%
$53,300
Closing costs
1%
$2,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,947
Total Expenses
$2,185
Mortgage P&I
70%
$1,360
Property Taxes
11%
$223
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0