This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $57,288 initial cash invested.
-9.3%
Cash On Cash
4.69%
Cap Rate
0.75
DSCR
$1,878
Rent
-$444
Cashflow
Cash Flow
$1,878 income − $2,322 expenses = $444 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,288
Downpayment
20%
$54,560
Closing costs
1%
$2,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,878
Total Expenses
$2,322
Mortgage P&I
75%
$1,417
Property Taxes
16%
$300
Home Insurance
5%
$96
HOA
1%
$20
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0