This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $56,679 initial cash invested.
-11.28%
Cash On Cash
4.02%
Cap Rate
0.66
DSCR
$1,476
Rent
-$533
Cashflow
Cash Flow
$1,476 income − $2,009 expenses = $533 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,476
Total Expenses
$2,009
Mortgage P&I
92%
$1,364
Property Taxes
11%
$166
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0