This property looks like a bad Long-Term investment with a projected -7.61% first-year return on $55,839 initial cash invested.
-7.61%
Cash On Cash
5.3%
Cap Rate
0.82
DSCR
$1,854
Rent
-$354
Cashflow
Cash Flow
$1,854 income − $2,208 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,839
Downpayment
20%
$53,180
Closing costs
1%
$2,659
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,854
Total Expenses
$2,208
Mortgage P&I
77%
$1,435
Property Taxes
9%
$170
Home Insurance
5%
$100
HOA
1%
$21
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0