This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $55,860 initial cash invested.
-7.67%
Cash On Cash
4.94%
Cap Rate
0.8
DSCR
$1,746
Rent
-$357
Cashflow
Cash Flow
$1,746 income − $2,103 expenses = $357 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,746
Total Expenses
$2,103
Mortgage P&I
78%
$1,364
Property Taxes
11%
$192
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0