This property looks like a bad Long-Term investment with a projected -11.77% first-year return on $56,700 initial cash invested.
-11.77%
Cash On Cash
4.3%
Cap Rate
0.67
DSCR
$1,572
Rent
-$556
Cashflow
Cash Flow
$1,572 income − $2,128 expenses = $556 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,572
Total Expenses
$2,128
Mortgage P&I
92%
$1,444
Property Taxes
12%
$181
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0