This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $57,015 initial cash invested.
-13.91%
Cash On Cash
4.3%
Cap Rate
0.63
DSCR
$1,799
Rent
-$661
Cashflow
Cash Flow
$1,799 income − $2,460 expenses = $661 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,015
Downpayment
20%
$54,300
Closing costs
1%
$2,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,799
Total Expenses
$2,460
Mortgage P&I
86%
$1,545
Property Taxes
19%
$349
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0