This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $57,750 initial cash invested.
-9.85%
Cash On Cash
4.83%
Cap Rate
0.74
DSCR
$1,628
Rent
-$474
Cashflow
Cash Flow
$1,628 income − $2,102 expenses = $474 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,628
Total Expenses
$2,102
Mortgage P&I
92%
$1,501
Property Taxes
5%
$82
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0