This property looks like a bad Long-Term investment with a projected -0.45% first-year return on $55,566 initial cash invested.
-0.45%
Cash On Cash
6.64%
Cap Rate
1.07
DSCR
$2,353
Rent
-$21
Cashflow
Cash Flow
$2,353 income − $2,374 expenses = $21 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,566
Downpayment
20%
$52,920
Closing costs
1%
$2,646
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,353
Total Expenses
$2,374
Mortgage P&I
58%
$1,367
Property Taxes
13%
$300
Home Insurance
4%
$95
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0