This property looks like a bad Long-Term investment with a projected -9.9% first-year return on $56,847 initial cash invested.
-9.9%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$1,779
Rent
-$469
Cashflow
Cash Flow
$1,779 income − $2,248 expenses = $469 out of pocket
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,847
Downpayment
20%
$54,140
Closing costs
1%
$2,707
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,779
Total Expenses
$2,248
Mortgage P&I
84%
$1,494
Property Taxes
11%
$195
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0