This property looks like a bad Long-Term investment with a projected -9.86% first-year return on $59,136 initial cash invested.
-9.86%
Cash On Cash
4.85%
Cap Rate
0.74
DSCR
$1,668
Rent
-$486
Cashflow
Cash Flow
$1,668 income − $2,154 expenses = $486 out of pocket
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,136
Downpayment
20%
$56,320
Closing costs
1%
$2,816
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,668
Total Expenses
$2,154
Mortgage P&I
92%
$1,541
Property Taxes
5%
$79
Home Insurance
6%
$101
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0