This property looks like a bad Long-Term investment with a projected -4.99% first-year return on $56,490 initial cash invested.
-4.99%
Cash On Cash
5.52%
Cap Rate
0.9
DSCR
$1,976
Rent
-$235
Cashflow
Cash Flow
$1,976 income − $2,211 expenses = $235 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,976
Total Expenses
$2,211
Mortgage P&I
69%
$1,373
Property Taxes
12%
$229
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0