This property looks like a bad Long-Term investment with a projected -11.9% first-year return on $55,566 initial cash invested.
-11.9%
Cash On Cash
4.45%
Cap Rate
0.68
DSCR
$1,708
Rent
-$551
Cashflow
Cash Flow
$1,708 income − $2,259 expenses = $551 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,566
Downpayment
20%
$52,920
Closing costs
1%
$2,646
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,708
Total Expenses
$2,259
Mortgage P&I
85%
$1,447
Property Taxes
16%
$271
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0