This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $56,742 initial cash invested.
-9.88%
Cash On Cash
4.88%
Cap Rate
0.74
DSCR
$1,733
Rent
-$467
Cashflow
Cash Flow
$1,733 income − $2,200 expenses = $467 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,742
Downpayment
20%
$54,040
Closing costs
1%
$2,702
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,733
Total Expenses
$2,200
Mortgage P&I
85%
$1,479
Property Taxes
10%
$172
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0