This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $57,939 initial cash invested.
-11.72%
Cash On Cash
4.57%
Cap Rate
0.68
DSCR
$1,601
Rent
-$566
Cashflow
Cash Flow
$1,601 income − $2,167 expenses = $566 out of pocket
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,939
Downpayment
20%
$55,180
Closing costs
1%
$2,759
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,601
Total Expenses
$2,167
Mortgage P&I
96%
$1,537
Property Taxes
7%
$117
Home Insurance
6%
$97
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0