This property looks like a bad Long-Term investment with a projected -7.65% first-year return on $57,288 initial cash invested.
-7.65%
Cash On Cash
4.89%
Cap Rate
0.8
DSCR
$1,786
Rent
-$365
Cashflow
Cash Flow
$1,786 income − $2,151 expenses = $365 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,288
Downpayment
20%
$54,560
Closing costs
1%
$2,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,786
Total Expenses
$2,151
Mortgage P&I
78%
$1,387
Property Taxes
11%
$204
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0