This property looks like a bad Long-Term investment with a projected -0.58% first-year return on $55,650 initial cash invested.
-0.58%
Cash On Cash
7.28%
Cap Rate
1.05
DSCR
$2,165
Rent
-$27
Cashflow
Cash Flow
$2,165 income − $2,192 expenses = $27 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,165
Total Expenses
$2,192
Mortgage P&I
70%
$1,526
Property Taxes
1%
$11
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0