This property looks like a bad Long-Term investment with a projected -10.83% first-year return on $57,183 initial cash invested.
-10.83%
Cash On Cash
4.48%
Cap Rate
0.7
DSCR
$1,571
Rent
-$516
Cashflow
Cash Flow
$1,571 income − $2,087 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,571
Total Expenses
$2,087
Mortgage P&I
92%
$1,453
Property Taxes
8%
$127
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0