This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $57,750 initial cash invested.
-4.03%
Cash On Cash
6.18%
Cap Rate
0.94
DSCR
$1,945
Rent
-$194
Cashflow
Cash Flow
$1,945 income − $2,139 expenses = $194 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
$1,945
Total Expenses
$2,139
Mortgage P&I
78%
$1,513
Property Taxes
1%
$25
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$117
Maintenance
5%
$97
Other
0%
$0