This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $57,015 initial cash invested.
-7.87%
Cash On Cash
5.01%
Cap Rate
0.8
DSCR
$1,715
Rent
-$374
Cashflow
Cash Flow
$1,715 income − $2,089 expenses = $374 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,715
Total Expenses
$2,089
Mortgage P&I
83%
$1,422
Property Taxes
7%
$125
Home Insurance
6%
$95
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0