This property looks like a bad Long-Term investment with a projected -16.33% first-year return on $57,750 initial cash invested.
-16.33%
Cash On Cash
3.6%
Cap Rate
0.54
DSCR
$1,761
Rent
-$786
Cashflow
Cash Flow
$1,761 income − $2,547 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,761
Total Expenses
$2,547
Mortgage P&I
86%
$1,522
Property Taxes
26%
$453
Home Insurance
5%
$96
HOA
1%
$18
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0