This property looks like a bad Long-Term investment with a projected -5.03% first-year return on $57,708 initial cash invested.
-5.03%
Cash On Cash
5.45%
Cap Rate
0.89
DSCR
$1,842
Rent
-$242
Cashflow
Cash Flow
$1,842 income − $2,084 expenses = $242 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,708
Downpayment
20%
$54,960
Closing costs
1%
$2,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,842
Total Expenses
$2,084
Mortgage P&I
76%
$1,398
Property Taxes
6%
$105
Home Insurance
6%
$102
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0