This property looks like a bad Long-Term investment with a projected -18.34% first-year return on $55,671 initial cash invested.
-18.34%
Cash On Cash
2.62%
Cap Rate
0.42
DSCR
$1,190
Rent
-$851
Cashflow
Cash Flow
$1,190 income − $2,041 expenses = $851 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,671
Downpayment
20%
$53,020
Closing costs
1%
$2,651
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,190
Total Expenses
$2,041
Mortgage P&I
115%
$1,370
Property Taxes
23%
$270
Home Insurance
8%
$91
HOA
0%
$0
Property Management
10%
$119
CapEx
5%
$60
Vacancy
6%
$71
Maintenance
5%
$60
Other
0%
$0