This property looks like a bad Long-Term investment with a projected -14.63% first-year return on $57,813 initial cash invested.
-14.63%
Cash On Cash
3.8%
Cap Rate
0.58
DSCR
$1,326
Rent
-$705
Cashflow
Cash Flow
$1,326 income − $2,031 expenses = $705 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,813
Downpayment
20%
$55,060
Closing costs
1%
$2,753
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,326
Total Expenses
$2,031
Mortgage P&I
114%
$1,511
Property Taxes
5%
$68
Home Insurance
8%
$107
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0