This property looks like a bad Long-Term investment with a projected -9.67% first-year return on $56,490 initial cash invested.
-9.67%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$1,865
Rent
-$455
Cashflow
Cash Flow
$1,865 income − $2,320 expenses = $455 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,865
Total Expenses
$2,320
Mortgage P&I
79%
$1,470
Property Taxes
12%
$222
Home Insurance
5%
$94
HOA
3%
$50
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0