This property looks like a bad Long-Term investment with a projected -4.13% first-year return on $56,637 initial cash invested.
-4.13%
Cash On Cash
5.81%
Cap Rate
0.93
DSCR
$1,857
Rent
-$195
Cashflow
Cash Flow
$1,857 income − $2,052 expenses = $195 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,637
Downpayment
20%
$53,940
Closing costs
1%
$2,697
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,857
Total Expenses
$2,052
Mortgage P&I
76%
$1,408
Property Taxes
4%
$65
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0