This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $55,629 initial cash invested.
-12.73%
Cash On Cash
4.43%
Cap Rate
0.66
DSCR
$1,797
Rent
-$590
Cashflow
Cash Flow
$1,797 income − $2,387 expenses = $590 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,797
Total Expenses
$2,387
Mortgage P&I
82%
$1,477
Property Taxes
19%
$349
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0