This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $57,120 initial cash invested.
-8.99%
Cash On Cash
5.19%
Cap Rate
0.77
DSCR
$1,682
Rent
-$428
Cashflow
Cash Flow
$1,682 income − $2,110 expenses = $428 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,120
Downpayment
20%
$54,400
Closing costs
1%
$2,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,682
Total Expenses
$2,110
Mortgage P&I
90%
$1,520
Property Taxes
3%
$58
Home Insurance
6%
$95
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0