This property looks like a bad Long-Term investment with a projected -7.8% first-year return on $57,078 initial cash invested.
-7.8%
Cash On Cash
4.91%
Cap Rate
0.8
DSCR
$1,735
Rent
-$371
Cashflow
Cash Flow
$1,735 income − $2,106 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,735
Total Expenses
$2,106
Mortgage P&I
80%
$1,396
Property Taxes
10%
$167
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0