This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $55,650 initial cash invested.
-12.53%
Cash On Cash
4.32%
Cap Rate
0.65
DSCR
$1,414
Rent
-$581
Cashflow
Cash Flow
$1,414 income − $1,995 expenses = $581 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,414
Total Expenses
$1,995
Mortgage P&I
104%
$1,464
Property Taxes
5%
$70
Home Insurance
7%
$93
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0