This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $57,603 initial cash invested.
-11.15%
Cash On Cash
4.56%
Cap Rate
0.7
DSCR
$1,564
Rent
-$535
Cashflow
Cash Flow
$1,564 income − $2,099 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,603
Downpayment
20%
$54,860
Closing costs
1%
$2,743
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,564
Total Expenses
$2,099
Mortgage P&I
96%
$1,499
Property Taxes
5%
$72
Home Insurance
8%
$122
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0