This property looks like a bad Long-Term investment with a projected -7.41% first-year return on $57,666 initial cash invested.
-7.41%
Cash On Cash
5.27%
Cap Rate
0.82
DSCR
$1,964
Rent
-$356
Cashflow
Cash Flow
$1,964 income − $2,320 expenses = $356 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,666
Downpayment
20%
$54,920
Closing costs
1%
$2,746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,964
Total Expenses
$2,320
Mortgage P&I
75%
$1,465
Property Taxes
14%
$279
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0