This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $55,881 initial cash invested.
-9.06%
Cash On Cash
5.1%
Cap Rate
0.77
DSCR
$1,814
Rent
-$422
Cashflow
Cash Flow
$1,814 income − $2,236 expenses = $422 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,881
Downpayment
20%
$53,220
Closing costs
1%
$2,661
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,814
Total Expenses
$2,236
Mortgage P&I
81%
$1,462
Property Taxes
5%
$89
Home Insurance
5%
$97
HOA
6%
$116
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0