This property looks like a bad Long-Term investment with a projected -13.66% first-year return on $55,776 initial cash invested.
-13.66%
Cash On Cash
3.91%
Cap Rate
0.61
DSCR
$1,781
Rent
-$635
Cashflow
Cash Flow
$1,781 income − $2,416 expenses = $635 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,776
Downpayment
20%
$53,120
Closing costs
1%
$2,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,781
Total Expenses
$2,416
Mortgage P&I
79%
$1,412
Property Taxes
24%
$436
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0