This property looks like a bad Long-Term investment with a projected -15.37% first-year return on $55,755 initial cash invested.
-15.37%
Cash On Cash
3.71%
Cap Rate
0.56
DSCR
$1,576
Rent
-$714
Cashflow
Cash Flow
$1,576 income − $2,290 expenses = $714 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,755
Downpayment
20%
$53,100
Closing costs
1%
$2,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,576
Total Expenses
$2,290
Mortgage P&I
92%
$1,455
Property Taxes
21%
$330
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0