This property looks like a bad Long-Term investment with a projected -5.98% first-year return on $57,183 initial cash invested.
-5.98%
Cash On Cash
5.61%
Cap Rate
0.87
DSCR
$1,904
Rent
-$285
Cashflow
Cash Flow
$1,904 income − $2,189 expenses = $285 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,904
Total Expenses
$2,189
Mortgage P&I
77%
$1,462
Property Taxes
4%
$81
Home Insurance
6%
$110
HOA
2%
$42
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0