This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $57,078 initial cash invested.
-14.67%
Cash On Cash
3.96%
Cap Rate
0.6
DSCR
$1,750
Rent
-$698
Cashflow
Cash Flow
$1,750 income − $2,448 expenses = $698 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,078
Downpayment
20%
$54,360
Closing costs
1%
$2,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$2,448
Mortgage P&I
86%
$1,508
Property Taxes
22%
$388
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0