This property looks like a bad Long-Term investment with a projected -9.82% first-year return on $55,629 initial cash invested.
-9.82%
Cash On Cash
4.71%
Cap Rate
0.73
DSCR
$1,594
Rent
-$455
Cashflow
Cash Flow
$1,594 income − $2,049 expenses = $455 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,594
Total Expenses
$2,049
Mortgage P&I
89%
$1,415
Property Taxes
8%
$126
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0