This property looks like a bad Long-Term investment with a projected -11.68% first-year return on $58,065 initial cash invested.
-11.68%
Cash On Cash
4.75%
Cap Rate
0.69
DSCR
$1,666
Rent
-$565
Cashflow
Cash Flow
$1,666 income − $2,231 expenses = $565 out of pocket
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,065
Downpayment
20%
$55,300
Closing costs
1%
$2,765
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,666
Total Expenses
$2,231
Mortgage P&I
95%
$1,576
Property Taxes
7%
$124
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0