This property looks like a bad Long-Term investment with a projected -17.23% first-year return on $57,309 initial cash invested.
-17.23%
Cash On Cash
3.07%
Cap Rate
0.49
DSCR
$1,728
Rent
-$823
Cashflow
Cash Flow
$1,728 income − $2,551 expenses = $823 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,309
Downpayment
20%
$54,580
Closing costs
1%
$2,729
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,728
Total Expenses
$2,551
Mortgage P&I
83%
$1,436
Property Taxes
32%
$558
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0