This property looks like a bad Long-Term investment with a projected -2.95% first-year return on $55,671 initial cash invested.
-2.95%
Cash On Cash
6.36%
Cap Rate
1
DSCR
$2,722
Rent
-$137
Cashflow
Cash Flow
$2,722 income − $2,859 expenses = $137 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,722
Total Expenses
$2,859
Mortgage P&I
52%
$1,405
Property Taxes
23%
$635
Home Insurance
4%
$112
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0