This property looks like a bad Long-Term investment with a projected -10.54% first-year return on $57,057 initial cash invested.
-10.54%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$1,680
Rent
-$501
Cashflow
Cash Flow
$1,680 income − $2,181 expenses = $501 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,680
Total Expenses
$2,181
Mortgage P&I
89%
$1,489
Property Taxes
9%
$159
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0