This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $57,750 initial cash invested.
-12.72%
Cash On Cash
4.24%
Cap Rate
0.64
DSCR
$1,487
Rent
-$612
Cashflow
Cash Flow
$1,487 income − $2,099 expenses = $612 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,487
Total Expenses
$2,099
Mortgage P&I
102%
$1,510
Property Taxes
7%
$107
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0