This property looks like a bad Long-Term investment with a projected -4.08% first-year return on $55,608 initial cash invested.
-4.08%
Cash On Cash
6.38%
Cap Rate
0.95
DSCR
$2,307
Rent
-$189
Cashflow
Cash Flow
$2,307 income − $2,496 expenses = $189 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,307
Total Expenses
$2,496
Mortgage P&I
64%
$1,481
Property Taxes
14%
$322
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0