This property looks like a bad Long-Term investment with a projected -12.87% first-year return on $55,272 initial cash invested.
-12.87%
Cash On Cash
4.38%
Cap Rate
0.65
DSCR
$1,582
Rent
-$593
Cashflow
Cash Flow
$1,582 income − $2,175 expenses = $593 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,272
Downpayment
20%
$52,640
Closing costs
1%
$2,632
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,582
Total Expenses
$2,175
Mortgage P&I
93%
$1,474
Property Taxes
13%
$199
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0