This property looks like a bad Long-Term investment with a projected -12.09% first-year return on $55,965 initial cash invested.
-12.09%
Cash On Cash
4.54%
Cap Rate
0.68
DSCR
$1,702
Rent
-$564
Cashflow
Cash Flow
$1,702 income − $2,266 expenses = $564 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,965
Downpayment
20%
$53,300
Closing costs
1%
$2,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,702
Total Expenses
$2,266
Mortgage P&I
87%
$1,487
Property Taxes
5%
$86
Home Insurance
6%
$94
HOA
9%
$157
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0