This property looks like a bad Long-Term investment with a projected -9.09% first-year return on $56,511 initial cash invested.
-9.09%
Cash On Cash
4.89%
Cap Rate
0.76
DSCR
$1,805
Rent
-$428
Cashflow
Cash Flow
$1,805 income − $2,233 expenses = $428 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,511
Downpayment
20%
$53,820
Closing costs
1%
$2,691
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,805
Total Expenses
$2,233
Mortgage P&I
79%
$1,434
Property Taxes
12%
$213
Home Insurance
5%
$98
HOA
1%
$20
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0