This property looks like a bad Long-Term investment with a projected -8.09% first-year return on $55,650 initial cash invested.
-8.09%
Cash On Cash
5.28%
Cap Rate
0.8
DSCR
$1,758
Rent
-$375
Cashflow
Cash Flow
$1,758 income − $2,133 expenses = $375 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,758
Total Expenses
$2,133
Mortgage P&I
83%
$1,452
Property Taxes
7%
$131
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0