This property looks like a bad Long-Term investment with a projected -8.23% first-year return on $57,729 initial cash invested.
-8.23%
Cash On Cash
5.06%
Cap Rate
0.79
DSCR
$1,841
Rent
-$396
Cashflow
Cash Flow
$1,841 income − $2,237 expenses = $396 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,841
Total Expenses
$2,237
Mortgage P&I
79%
$1,463
Property Taxes
11%
$200
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0