This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $57,162 initial cash invested.
-14.67%
Cash On Cash
3.91%
Cap Rate
0.59
DSCR
$1,753
Rent
-$699
Cashflow
Cash Flow
$1,753 income − $2,452 expenses = $699 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,162
Downpayment
20%
$54,440
Closing costs
1%
$2,722
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,753
Total Expenses
$2,452
Mortgage P&I
85%
$1,498
Property Taxes
23%
$400
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0