This property looks like a bad Long-Term investment with a projected -9.22% first-year return on $57,645 initial cash invested.
-9.22%
Cash On Cash
5.11%
Cap Rate
0.77
DSCR
$1,776
Rent
-$443
Cashflow
Cash Flow
$1,776 income − $2,219 expenses = $443 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,645
Downpayment
20%
$54,900
Closing costs
1%
$2,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,776
Total Expenses
$2,219
Mortgage P&I
86%
$1,524
Property Taxes
8%
$136
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0