This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $56,679 initial cash invested.
-8.91%
Cash On Cash
5.09%
Cap Rate
0.77
DSCR
$1,770
Rent
-$421
Cashflow
Cash Flow
$1,770 income − $2,191 expenses = $421 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$2,191
Mortgage P&I
83%
$1,477
Property Taxes
9%
$161
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0