This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $56,112 initial cash invested.
-16.19%
Cash On Cash
3.48%
Cap Rate
0.53
DSCR
$1,563
Rent
-$757
Cashflow
Cash Flow
$1,563 income − $2,320 expenses = $757 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,563
Total Expenses
$2,320
Mortgage P&I
93%
$1,454
Property Taxes
28%
$432
Home Insurance
2%
$28
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0