This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $55,167 initial cash invested.
-11.92%
Cash On Cash
4.54%
Cap Rate
0.68
DSCR
$1,568
Rent
-$548
Cashflow
Cash Flow
$1,568 income − $2,116 expenses = $548 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,167
Downpayment
20%
$52,540
Closing costs
1%
$2,627
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,568
Total Expenses
$2,116
Mortgage P&I
93%
$1,463
Property Taxes
10%
$153
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0