This property looks like a bad Long-Term investment with a projected -1.89% first-year return on $57,057 initial cash invested.
-1.89%
Cash On Cash
6.67%
Cap Rate
1.01
DSCR
$2,233
Rent
-$90
Cashflow
Cash Flow
$2,233 income − $2,323 expenses = $90 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,057
Downpayment
20%
$54,340
Closing costs
1%
$2,717
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,233
Total Expenses
$2,323
Mortgage P&I
67%
$1,488
Property Taxes
7%
$146
Home Insurance
4%
$100
HOA
0%
$8
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0