This property looks like a bad Long-Term investment with a projected -8.36% first-year return on $57,540 initial cash invested.
-8.36%
Cash On Cash
5.33%
Cap Rate
0.8
DSCR
$1,996
Rent
-$401
Cashflow
Cash Flow
$1,996 income − $2,397 expenses = $401 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,996
Total Expenses
$2,397
Mortgage P&I
76%
$1,517
Property Taxes
13%
$264
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0