This property looks like a bad Long-Term investment with a projected -4.14% first-year return on $57,624 initial cash invested.
-4.14%
Cash On Cash
5.79%
Cap Rate
0.94
DSCR
$2,175
Rent
-$199
Cashflow
Cash Flow
$2,175 income − $2,374 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,624
Downpayment
20%
$54,880
Closing costs
1%
$2,744
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,175
Total Expenses
$2,374
Mortgage P&I
65%
$1,413
Property Taxes
13%
$284
Home Insurance
5%
$98
HOA
1%
$13
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0