This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $55,734 initial cash invested.
-12.68%
Cash On Cash
4.42%
Cap Rate
0.66
DSCR
$1,861
Rent
-$589
Cashflow
Cash Flow
$1,861 income − $2,450 expenses = $589 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,734
Downpayment
20%
$53,080
Closing costs
1%
$2,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,861
Total Expenses
$2,450
Mortgage P&I
79%
$1,474
Property Taxes
16%
$298
Home Insurance
5%
$96
HOA
5%
$98
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0