This property looks like a bad Long-Term investment with a projected -17.11% first-year return on $55,629 initial cash invested.
-17.11%
Cash On Cash
3.17%
Cap Rate
0.49
DSCR
$1,266
Rent
-$793
Cashflow
Cash Flow
$1,266 income − $2,059 expenses = $793 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,266
Total Expenses
$2,059
Mortgage P&I
113%
$1,430
Property Taxes
16%
$207
Home Insurance
7%
$93
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0