This property looks like a bad Long-Term investment with a projected -8.25% first-year return on $57,435 initial cash invested.
-8.25%
Cash On Cash
5.01%
Cap Rate
0.79
DSCR
$1,847
Rent
-$395
Cashflow
Cash Flow
$1,847 income − $2,242 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,847
Total Expenses
$2,242
Mortgage P&I
78%
$1,446
Property Taxes
12%
$218
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0