This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $55,608 initial cash invested.
-10.44%
Cash On Cash
4.45%
Cap Rate
0.71
DSCR
$1,606
Rent
-$484
Cashflow
Cash Flow
$1,606 income − $2,090 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,606
Total Expenses
$2,090
Mortgage P&I
86%
$1,386
Property Taxes
12%
$192
Home Insurance
6%
$95
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0