This property looks like a bad Long-Term investment with a projected -7.71% first-year return on $58,044 initial cash invested.
-7.71%
Cash On Cash
5.34%
Cap Rate
0.82
DSCR
$1,917
Rent
-$373
Cashflow
Cash Flow
$1,917 income − $2,290 expenses = $373 out of pocket
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,044
Downpayment
20%
$55,280
Closing costs
1%
$2,764
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,917
Total Expenses
$2,290
Mortgage P&I
79%
$1,508
Property Taxes
7%
$136
Home Insurance
5%
$98
HOA
3%
$49
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0