This property looks like a bad Long-Term investment with a projected -8.26% first-year return on $56,385 initial cash invested.
-8.26%
Cash On Cash
5.2%
Cap Rate
0.8
DSCR
$1,933
Rent
-$388
Cashflow
Cash Flow
$1,933 income − $2,321 expenses = $388 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,385
Downpayment
20%
$53,700
Closing costs
1%
$2,685
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,933
Total Expenses
$2,321
Mortgage P&I
75%
$1,455
Property Taxes
12%
$241
Home Insurance
5%
$94
HOA
1%
$28
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0