This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $55,776 initial cash invested.
-5.08%
Cash On Cash
5.67%
Cap Rate
0.91
DSCR
$2,127
Rent
-$236
Cashflow
Cash Flow
$2,127 income − $2,363 expenses = $236 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,776
Downpayment
20%
$53,120
Closing costs
1%
$2,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,127
Total Expenses
$2,363
Mortgage P&I
65%
$1,386
Property Taxes
16%
$330
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0