This property looks like a bad Long-Term investment with a projected -7.61% first-year return on $55,650 initial cash invested.
-7.61%
Cash On Cash
5.5%
Cap Rate
0.82
DSCR
$1,713
Rent
-$353
Cashflow
Cash Flow
$1,713 income − $2,066 expenses = $353 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,713
Total Expenses
$2,066
Mortgage P&I
86%
$1,481
Property Taxes
3%
$46
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0