This property looks like a bad Long-Term investment with a projected -4.96% first-year return on $55,650 initial cash invested.
-4.96%
Cash On Cash
5.92%
Cap Rate
0.91
DSCR
$1,854
Rent
-$230
Cashflow
Cash Flow
$1,854 income − $2,084 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,854
Total Expenses
$2,084
Mortgage P&I
78%
$1,444
Property Taxes
4%
$65
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0