This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $57,435 initial cash invested.
-9.76%
Cash On Cash
5.07%
Cap Rate
0.76
DSCR
$1,969
Rent
-$467
Cashflow
Cash Flow
$1,969 income − $2,436 expenses = $467 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,969
Total Expenses
$2,436
Mortgage P&I
77%
$1,525
Property Taxes
15%
$302
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0