This property looks like a bad Long-Term investment with a projected -13.26% first-year return on $55,461 initial cash invested.
-13.26%
Cash On Cash
4.31%
Cap Rate
0.64
DSCR
$1,747
Rent
-$613
Cashflow
Cash Flow
$1,747 income − $2,360 expenses = $613 out of pocket
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,461
Downpayment
20%
$52,820
Closing costs
1%
$2,641
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,747
Total Expenses
$2,360
Mortgage P&I
84%
$1,474
Property Taxes
19%
$338
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0