This property looks like a bad Long-Term investment with a projected -15.45% first-year return on $55,629 initial cash invested.
-15.45%
Cash On Cash
3.53%
Cap Rate
0.54
DSCR
$1,125
Rent
-$716
Cashflow
Cash Flow
$1,125 income − $1,841 expenses = $716 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,125
Total Expenses
$1,841
Mortgage P&I
128%
$1,440
Property Taxes
1%
$16
Home Insurance
8%
$93
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0