This property looks like a bad Long-Term investment with a projected -8.64% first-year return on $55,860 initial cash invested.
-8.64%
Cash On Cash
5.2%
Cap Rate
0.79
DSCR
$1,748
Rent
-$402
Cashflow
Cash Flow
$1,748 income − $2,150 expenses = $402 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,748
Total Expenses
$2,150
Mortgage P&I
84%
$1,467
Property Taxes
8%
$133
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0