This property looks like a bad Long-Term investment with a projected -15.16% first-year return on $55,629 initial cash invested.
-15.16%
Cash On Cash
3.8%
Cap Rate
0.57
DSCR
$1,289
Rent
-$703
Cashflow
Cash Flow
$1,289 income − $1,992 expenses = $703 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,289
Total Expenses
$1,992
Mortgage P&I
115%
$1,477
Property Taxes
7%
$88
Home Insurance
7%
$93
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0