This property looks like a bad Long-Term investment with a projected -11.79% first-year return on $56,679 initial cash invested.
-11.79%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$1,781
Rent
-$557
Cashflow
Cash Flow
$1,781 income − $2,338 expenses = $557 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,781
Total Expenses
$2,338
Mortgage P&I
82%
$1,465
Property Taxes
18%
$316
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0