This property looks like a bad Long-Term investment with a projected -9.52% first-year return on $56,112 initial cash invested.
-9.52%
Cash On Cash
4.81%
Cap Rate
0.75
DSCR
$1,838
Rent
-$445
Cashflow
Cash Flow
$1,838 income − $2,283 expenses = $445 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,838
Total Expenses
$2,283
Mortgage P&I
77%
$1,423
Property Taxes
15%
$284
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0