This property looks like a bad Long-Term investment with a projected -14.57% first-year return on $58,464 initial cash invested.
-14.57%
Cash On Cash
4.07%
Cap Rate
0.6
DSCR
$1,488
Rent
-$710
Cashflow
Cash Flow
$1,488 income − $2,198 expenses = $710 out of pocket
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,464
Downpayment
20%
$55,680
Closing costs
1%
$2,784
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,488
Total Expenses
$2,198
Mortgage P&I
106%
$1,581
Property Taxes
9%
$131
Home Insurance
7%
$100
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0