This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $58,149 initial cash invested.
-7.66%
Cash On Cash
5.35%
Cap Rate
0.81
DSCR
$1,776
Rent
-$371
Cashflow
Cash Flow
$1,776 income − $2,147 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,149
Downpayment
20%
$55,380
Closing costs
1%
$2,769
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,776
Total Expenses
$2,147
Mortgage P&I
85%
$1,516
Property Taxes
4%
$75
Home Insurance
5%
$93
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0