This property looks like a bad Long-Term investment with a projected -14.1% first-year return on $55,986 initial cash invested.
-14.1%
Cash On Cash
4.15%
Cap Rate
0.62
DSCR
$1,625
Rent
-$658
Cashflow
Cash Flow
$1,625 income − $2,283 expenses = $658 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,986
Downpayment
20%
$53,320
Closing costs
1%
$2,666
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,625
Total Expenses
$2,283
Mortgage P&I
92%
$1,499
Property Taxes
16%
$266
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0