This property looks like a bad Long-Term investment with a projected -13.75% first-year return on $56,049 initial cash invested.
-13.75%
Cash On Cash
4.22%
Cap Rate
0.63
DSCR
$1,761
Rent
-$642
Cashflow
Cash Flow
$1,761 income − $2,403 expenses = $642 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,049
Downpayment
20%
$53,380
Closing costs
1%
$2,669
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,761
Total Expenses
$2,403
Mortgage P&I
85%
$1,493
Property Taxes
20%
$353
Home Insurance
6%
$99
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0