This property looks like a bad Long-Term investment with a projected -8.21% first-year return on $55,545 initial cash invested.
-8.21%
Cash On Cash
5.11%
Cap Rate
0.8
DSCR
$1,886
Rent
-$380
Cashflow
Cash Flow
$1,886 income − $2,266 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,545
Downpayment
20%
$52,900
Closing costs
1%
$2,645
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,886
Total Expenses
$2,266
Mortgage P&I
75%
$1,413
Property Taxes
13%
$242
Home Insurance
6%
$121
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0