This property looks like a bad Long-Term investment with a projected -0.27% first-year return on $57,750 initial cash invested.
-0.27%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$2,273
Rent
-$13
Cashflow
Cash Flow
$2,273 income − $2,286 expenses = $13 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,273
Total Expenses
$2,286
Mortgage P&I
67%
$1,513
Property Taxes
4%
$86
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0