This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $57,162 initial cash invested.
-8.57%
Cash On Cash
4.99%
Cap Rate
0.78
DSCR
$1,820
Rent
-$408
Cashflow
Cash Flow
$1,820 income − $2,228 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,162
Downpayment
20%
$54,440
Closing costs
1%
$2,722
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,820
Total Expenses
$2,228
Mortgage P&I
80%
$1,449
Property Taxes
11%
$206
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0