This property looks like a bad Long-Term investment with a projected -13.86% first-year return on $57,750 initial cash invested.
-13.86%
Cash On Cash
3.5%
Cap Rate
0.58
DSCR
$1,784
Rent
-$667
Cashflow
Cash Flow
$1,784 income − $2,451 expenses = $667 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,784
Total Expenses
$2,451
Mortgage P&I
77%
$1,381
Property Taxes
29%
$511
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0