This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $55,818 initial cash invested.
-3.89%
Cash On Cash
5.76%
Cap Rate
0.94
DSCR
$2,077
Rent
-$181
Cashflow
Cash Flow
$2,077 income − $2,258 expenses = $181 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,818
Downpayment
20%
$53,160
Closing costs
1%
$2,658
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,077
Total Expenses
$2,258
Mortgage P&I
65%
$1,353
Property Taxes
13%
$270
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0