This property looks like a bad Long-Term investment with a projected -14.9% first-year return on $56,448 initial cash invested.
-14.9%
Cash On Cash
3.94%
Cap Rate
0.59
DSCR
$1,641
Rent
-$701
Cashflow
Cash Flow
$1,641 income − $2,342 expenses = $701 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,448
Downpayment
20%
$53,760
Closing costs
1%
$2,688
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,641
Total Expenses
$2,342
Mortgage P&I
91%
$1,501
Property Taxes
19%
$306
Home Insurance
5%
$86
HOA
1%
$23
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0