This property looks like a bad Long-Term investment with a projected -12.87% first-year return on $56,679 initial cash invested.
-12.87%
Cash On Cash
3.97%
Cap Rate
0.63
DSCR
$1,469
Rent
-$608
Cashflow
Cash Flow
$1,469 income − $2,077 expenses = $608 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,469
Total Expenses
$2,077
Mortgage P&I
97%
$1,429
Property Taxes
12%
$173
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0