This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $55,650 initial cash invested.
-8.91%
Cash On Cash
5.18%
Cap Rate
0.78
DSCR
$1,846
Rent
-$413
Cashflow
Cash Flow
$1,846 income − $2,259 expenses = $413 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,846
Total Expenses
$2,259
Mortgage P&I
79%
$1,464
Property Taxes
12%
$222
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0