This property looks like a bad Long-Term investment with a projected -8.69% first-year return on $57,750 initial cash invested.
-8.69%
Cash On Cash
4.74%
Cap Rate
0.76
DSCR
$1,551
Rent
-$418
Cashflow
Cash Flow
$1,551 income − $1,969 expenses = $418 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,551
Total Expenses
$1,969
Mortgage P&I
92%
$1,426
Property Taxes
3%
$43
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0