This property looks like a bad Long-Term investment with a projected -12.14% first-year return on $55,650 initial cash invested.
-12.14%
Cash On Cash
3.94%
Cap Rate
0.64
DSCR
$1,267
Rent
-$563
Cashflow
Cash Flow
$1,267 income − $1,830 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,267
Total Expenses
$1,830
Mortgage P&I
108%
$1,370
Property Taxes
3%
$38
Home Insurance
7%
$93
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0