This property looks like a bad Long-Term investment with a projected -10.98% first-year return on $55,650 initial cash invested.
-10.98%
Cash On Cash
4.93%
Cap Rate
0.72
DSCR
$1,805
Rent
-$509
Cashflow
Cash Flow
$1,805 income − $2,314 expenses = $509 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,805
Total Expenses
$2,314
Mortgage P&I
84%
$1,508
Property Taxes
14%
$245
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0