This property looks like a bad Long-Term investment with a projected -12.28% first-year return on $57,078 initial cash invested.
-12.28%
Cash On Cash
4.44%
Cap Rate
0.68
DSCR
$2,072
Rent
-$584
Cashflow
Cash Flow
$2,072 income − $2,656 expenses = $584 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,078
Downpayment
20%
$54,360
Closing costs
1%
$2,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,072
Total Expenses
$2,656
Mortgage P&I
72%
$1,486
Property Taxes
25%
$522
Home Insurance
5%
$96
HOA
1%
$13
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0