This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $56,742 initial cash invested.
-11.38%
Cash On Cash
4.6%
Cap Rate
0.69
DSCR
$1,533
Rent
-$538
Cashflow
Cash Flow
$1,533 income − $2,071 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,742
Downpayment
20%
$54,040
Closing costs
1%
$2,702
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,533
Total Expenses
$2,071
Mortgage P&I
98%
$1,496
Property Taxes
5%
$80
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0