This property looks like a bad Long-Term investment with a projected -2.03% first-year return on $56,070 initial cash invested.
-2.03%
Cash On Cash
6.19%
Cap Rate
1
DSCR
$1,978
Rent
-$95
Cashflow
Cash Flow
$1,978 income − $2,073 expenses = $95 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,978
Total Expenses
$2,073
Mortgage P&I
69%
$1,374
Property Taxes
4%
$73
Home Insurance
6%
$111
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0