This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $56,070 initial cash invested.
-8.99%
Cash On Cash
5.27%
Cap Rate
0.79
DSCR
$2,009
Rent
-$420
Cashflow
Cash Flow
$2,009 income − $2,429 expenses = $420 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$2,429
Mortgage P&I
74%
$1,493
Property Taxes
16%
$326
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0