This property looks like a bad Long-Term investment with a projected -7.45% first-year return on $57,330 initial cash invested.
-7.45%
Cash On Cash
5.45%
Cap Rate
0.83
DSCR
$1,861
Rent
-$356
Cashflow
Cash Flow
$1,861 income − $2,217 expenses = $356 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,330
Downpayment
20%
$54,600
Closing costs
1%
$2,730
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,861
Total Expenses
$2,217
Mortgage P&I
81%
$1,504
Property Taxes
7%
$133
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0