This property looks like a bad Long-Term investment with a projected -4.95% first-year return on $57,750 initial cash invested.
-4.95%
Cash On Cash
5.48%
Cap Rate
0.9
DSCR
$1,823
Rent
-$238
Cashflow
Cash Flow
$1,823 income − $2,061 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,823
Total Expenses
$2,061
Mortgage P&I
77%
$1,403
Property Taxes
5%
$89
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0