This property looks like a bad Long-Term investment with a projected -16.17% first-year return on $57,750 initial cash invested.
-16.17%
Cash On Cash
3.48%
Cap Rate
0.53
DSCR
$1,384
Rent
-$778
Cashflow
Cash Flow
$1,384 income − $2,162 expenses = $778 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
$1,384
Total Expenses
$2,162
Mortgage P&I
109%
$1,506
Property Taxes
15%
$201
Home Insurance
7%
$96
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0