This property looks like a bad Long-Term investment with a projected -17.01% first-year return on $57,414 initial cash invested.
-17.01%
Cash On Cash
2.95%
Cap Rate
0.47
DSCR
$1,262
Rent
-$814
Cashflow
Cash Flow
$1,262 income − $2,076 expenses = $814 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,414
Downpayment
20%
$54,680
Closing costs
1%
$2,734
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,262
Total Expenses
$2,076
Mortgage P&I
113%
$1,424
Property Taxes
18%
$226
Home Insurance
8%
$98
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0