This property looks like a bad Long-Term investment with a projected -3.68% first-year return on $57,141 initial cash invested.
-3.68%
Cash On Cash
5.86%
Cap Rate
0.95
DSCR
$1,950
Rent
-$175
Cashflow
Cash Flow
$1,950 income − $2,125 expenses = $175 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,141
Downpayment
20%
$54,420
Closing costs
1%
$2,721
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,125
Mortgage P&I
72%
$1,406
Property Taxes
6%
$117
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0