This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $57,477 initial cash invested.
-10.46%
Cash On Cash
4.79%
Cap Rate
0.73
DSCR
$1,821
Rent
-$501
Cashflow
Cash Flow
$1,821 income − $2,322 expenses = $501 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,477
Downpayment
20%
$54,740
Closing costs
1%
$2,737
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,821
Total Expenses
$2,322
Mortgage P&I
82%
$1,502
Property Taxes
14%
$249
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0