This property looks like a bad Long-Term investment with a projected -5.57% first-year return on $55,797 initial cash invested.
-5.57%
Cash On Cash
5.39%
Cap Rate
0.87
DSCR
$1,766
Rent
-$259
Cashflow
Cash Flow
$1,766 income − $2,025 expenses = $259 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,797
Downpayment
20%
$53,140
Closing costs
1%
$2,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,766
Total Expenses
$2,025
Mortgage P&I
77%
$1,364
Property Taxes
6%
$106
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0