This property looks like a bad Long-Term investment with a projected -15.42% first-year return on $55,629 initial cash invested.
-15.42%
Cash On Cash
3.32%
Cap Rate
0.54
DSCR
$1,581
Rent
-$715
Cashflow
Cash Flow
$1,581 income − $2,296 expenses = $715 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,581
Total Expenses
$2,296
Mortgage P&I
87%
$1,369
Property Taxes
27%
$423
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0