This property looks like a bad Long-Term investment with a projected -9.62% first-year return on $55,860 initial cash invested.
-9.62%
Cash On Cash
4.43%
Cap Rate
0.72
DSCR
$1,435
Rent
-$448
Cashflow
Cash Flow
$1,435 income − $1,883 expenses = $448 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,435
Total Expenses
$1,883
Mortgage P&I
95%
$1,357
Property Taxes
4%
$56
Home Insurance
7%
$96
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0