This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $57,750 initial cash invested.
-10.43%
Cash On Cash
4.84%
Cap Rate
0.73
DSCR
$1,727
Rent
-$502
Cashflow
Cash Flow
$1,727 income − $2,229 expenses = $502 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,727
Total Expenses
$2,229
Mortgage P&I
88%
$1,526
Property Taxes
9%
$158
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0