This property looks like a bad Long-Term investment with a projected -12.48% first-year return on $55,965 initial cash invested.
-12.48%
Cash On Cash
4.3%
Cap Rate
0.66
DSCR
$1,741
Rent
-$582
Cashflow
Cash Flow
$1,741 income − $2,323 expenses = $582 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,965
Downpayment
20%
$53,300
Closing costs
1%
$2,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,741
Total Expenses
$2,323
Mortgage P&I
83%
$1,450
Property Taxes
19%
$327
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0