This property looks like a bad Long-Term investment with a projected -9.94% first-year return on $55,629 initial cash invested.
-9.94%
Cash On Cash
4.88%
Cap Rate
0.74
DSCR
$1,701
Rent
-$461
Cashflow
Cash Flow
$1,701 income − $2,162 expenses = $461 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,701
Total Expenses
$2,162
Mortgage P&I
85%
$1,454
Property Taxes
10%
$173
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0