This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $57,183 initial cash invested.
-7.66%
Cash On Cash
5.56%
Cap Rate
0.83
DSCR
$2,157
Rent
-$365
Cashflow
Cash Flow
$2,157 income − $2,522 expenses = $365 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,157
Total Expenses
$2,522
Mortgage P&I
70%
$1,518
Property Taxes
16%
$349
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0