This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $55,797 initial cash invested.
-9.87%
Cash On Cash
5.12%
Cap Rate
0.76
DSCR
$1,998
Rent
-$459
Cashflow
Cash Flow
$1,998 income − $2,457 expenses = $459 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,797
Downpayment
20%
$53,140
Closing costs
1%
$2,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,998
Total Expenses
$2,457
Mortgage P&I
75%
$1,492
Property Taxes
19%
$371
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0