This property looks like a bad Long-Term investment with a projected -10.2% first-year return on $58,590 initial cash invested.
-10.2%
Cash On Cash
4.52%
Cap Rate
0.71
DSCR
$1,584
Rent
-$498
Cashflow
Cash Flow
$1,584 income − $2,082 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,584
Total Expenses
$2,082
Mortgage P&I
93%
$1,470
Property Taxes
7%
$103
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0