This property looks like a bad Long-Term investment with a projected -8.39% first-year return on $55,629 initial cash invested.
-8.39%
Cash On Cash
4.99%
Cap Rate
0.78
DSCR
$1,645
Rent
-$389
Cashflow
Cash Flow
$1,645 income − $2,034 expenses = $389 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,645
Total Expenses
$2,034
Mortgage P&I
86%
$1,409
Property Taxes
6%
$105
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0