This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $56,238 initial cash invested.
-12.1%
Cash On Cash
4.37%
Cap Rate
0.67
DSCR
$1,669
Rent
-$567
Cashflow
Cash Flow
$1,669 income − $2,236 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,238
Downpayment
20%
$53,560
Closing costs
1%
$2,678
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,669
Total Expenses
$2,236
Mortgage P&I
87%
$1,460
Property Taxes
15%
$250
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0