This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $57,288 initial cash invested.
-11.88%
Cash On Cash
4.34%
Cap Rate
0.68
DSCR
$1,956
Rent
-$567
Cashflow
Cash Flow
$1,956 income − $2,523 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,288
Downpayment
20%
$54,560
Closing costs
1%
$2,728
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,956
Total Expenses
$2,523
Mortgage P&I
74%
$1,456
Property Taxes
21%
$419
Home Insurance
5%
$91
HOA
2%
$48
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0