This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $55,608 initial cash invested.
-9.84%
Cash On Cash
4.45%
Cap Rate
0.72
DSCR
$1,489
Rent
-$456
Cashflow
Cash Flow
$1,489 income − $1,945 expenses = $456 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,489
Total Expenses
$1,945
Mortgage P&I
92%
$1,364
Property Taxes
7%
$102
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0