This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $57,750 initial cash invested.
-12.74%
Cash On Cash
4.05%
Cap Rate
0.64
DSCR
$1,643
Rent
-$613
Cashflow
Cash Flow
$1,643 income − $2,256 expenses = $613 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,643
Total Expenses
$2,256
Mortgage P&I
89%
$1,460
Property Taxes
17%
$273
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0