This property looks like a bad Long-Term investment with a projected -0.34% first-year return on $56,070 initial cash invested.
-0.34%
Cash On Cash
6.57%
Cap Rate
1.06
DSCR
$2,041
Rent
-$16
Cashflow
Cash Flow
$2,041 income − $2,057 expenses = $16 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$2,057
Mortgage P&I
67%
$1,375
Property Taxes
1%
$29
Home Insurance
5%
$94
HOA
1%
$29
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0