This property looks like a bad Long-Term investment with a projected -0.54% first-year return on $55,650 initial cash invested.
-0.54%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$2,483
Rent
-$25
Cashflow
Cash Flow
$2,483 income − $2,508 expenses = $25 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,483
Total Expenses
$2,508
Mortgage P&I
58%
$1,449
Property Taxes
13%
$321
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0