This property looks like a bad Long-Term investment with a projected -14.48% first-year return on $56,679 initial cash invested.
-14.48%
Cash On Cash
3.87%
Cap Rate
0.59
DSCR
$1,354
Rent
-$684
Cashflow
Cash Flow
$1,354 income − $2,038 expenses = $684 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,354
Total Expenses
$2,038
Mortgage P&I
110%
$1,487
Property Taxes
8%
$105
Home Insurance
7%
$94
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0