This property looks like a bad Long-Term investment with a projected -12.01% first-year return on $56,259 initial cash invested.
-12.01%
Cash On Cash
4.53%
Cap Rate
0.68
DSCR
$1,889
Rent
-$563
Cashflow
Cash Flow
$1,889 income − $2,452 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,259
Downpayment
20%
$53,580
Closing costs
1%
$2,679
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,889
Total Expenses
$2,452
Mortgage P&I
78%
$1,480
Property Taxes
21%
$388
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0