This property looks like a bad Long-Term investment with a projected -11.42% first-year return on $55,713 initial cash invested.
-11.42%
Cash On Cash
4.33%
Cap Rate
0.68
DSCR
$1,519
Rent
-$530
Cashflow
Cash Flow
$1,519 income − $2,049 expenses = $530 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,713
Downpayment
20%
$53,060
Closing costs
1%
$2,653
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,519
Total Expenses
$2,049
Mortgage P&I
93%
$1,412
Property Taxes
10%
$146
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0