This property looks like a bad Long-Term investment with a projected -5.32% first-year return on $56,196 initial cash invested.
-5.32%
Cash On Cash
5.93%
Cap Rate
0.91
DSCR
$2,235
Rent
-$249
Cashflow
Cash Flow
$2,235 income − $2,484 expenses = $249 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,196
Downpayment
20%
$53,520
Closing costs
1%
$2,676
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,235
Total Expenses
$2,484
Mortgage P&I
65%
$1,460
Property Taxes
15%
$328
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0