This property looks like a bad Long-Term investment with a projected -4.9% first-year return on $55,629 initial cash invested.
-4.9%
Cash On Cash
5.46%
Cap Rate
0.9
DSCR
$1,853
Rent
-$227
Cashflow
Cash Flow
$1,853 income − $2,080 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,853
Total Expenses
$2,080
Mortgage P&I
72%
$1,339
Property Taxes
9%
$168
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0