This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $56,112 initial cash invested.
-8.73%
Cash On Cash
5.23%
Cap Rate
0.78
DSCR
$1,780
Rent
-$408
Cashflow
Cash Flow
$1,780 income − $2,188 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,780
Total Expenses
$2,188
Mortgage P&I
83%
$1,483
Property Taxes
8%
$142
Home Insurance
6%
$100
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0