This property looks like a bad Long-Term investment with a projected -0.56% first-year return on $56,091 initial cash invested.
-0.56%
Cash On Cash
6.47%
Cap Rate
1.06
DSCR
$2,079
Rent
-$26
Cashflow
Cash Flow
$2,079 income − $2,105 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,091
Downpayment
20%
$53,420
Closing costs
1%
$2,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,079
Total Expenses
$2,105
Mortgage P&I
66%
$1,363
Property Taxes
5%
$94
Home Insurance
5%
$107
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0