This property looks like a bad Long-Term investment with a projected -13.27% first-year return on $55,965 initial cash invested.
-13.27%
Cash On Cash
4.22%
Cap Rate
0.63
DSCR
$1,565
Rent
-$619
Cashflow
Cash Flow
$1,565 income − $2,184 expenses = $619 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,965
Downpayment
20%
$53,300
Closing costs
1%
$2,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,565
Total Expenses
$2,184
Mortgage P&I
95%
$1,479
Property Taxes
13%
$203
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0