This property looks like a bad Long-Term investment with a projected -11.8% first-year return on $57,057 initial cash invested.
-11.8%
Cash On Cash
4.59%
Cap Rate
0.69
DSCR
$1,758
Rent
-$561
Cashflow
Cash Flow
$1,758 income − $2,319 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,057
Downpayment
20%
$54,340
Closing costs
1%
$2,717
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,758
Total Expenses
$2,319
Mortgage P&I
86%
$1,513
Property Taxes
14%
$249
Home Insurance
6%
$100
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0