This property looks like a bad Long-Term investment with a projected -8.77% first-year return on $57,183 initial cash invested.
-8.77%
Cash On Cash
5.16%
Cap Rate
0.78
DSCR
$1,733
Rent
-$418
Cashflow
Cash Flow
$1,733 income − $2,151 expenses = $418 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,733
Total Expenses
$2,151
Mortgage P&I
87%
$1,503
Property Taxes
6%
$101
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0