This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $57,666 initial cash invested.
-7.66%
Cash On Cash
5.39%
Cap Rate
0.83
DSCR
$2,134
Rent
-$368
Cashflow
Cash Flow
$2,134 income − $2,502 expenses = $368 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,666
Downpayment
20%
$54,920
Closing costs
1%
$2,746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,134
Total Expenses
$2,502
Mortgage P&I
70%
$1,494
Property Taxes
17%
$360
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0