This property looks like a bad Long-Term investment with a projected -18.72% first-year return on $56,091 initial cash invested.
-18.72%
Cash On Cash
2.93%
Cap Rate
0.44
DSCR
$1,209
Rent
-$875
Cashflow
Cash Flow
$1,209 income − $2,084 expenses = $875 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,091
Downpayment
20%
$53,420
Closing costs
1%
$2,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,209
Total Expenses
$2,084
Mortgage P&I
121%
$1,468
Property Taxes
17%
$208
Home Insurance
8%
$94
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$60
Vacancy
6%
$73
Maintenance
5%
$60
Other
0%
$0