This property looks like a bad Long-Term investment with a projected -5.89% first-year return on $57,267 initial cash invested.
-5.89%
Cash On Cash
5.57%
Cap Rate
0.88
DSCR
$2,192
Rent
-$281
Cashflow
Cash Flow
$2,192 income − $2,473 expenses = $281 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,267
Downpayment
20%
$54,540
Closing costs
1%
$2,727
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,192
Total Expenses
$2,473
Mortgage P&I
66%
$1,437
Property Taxes
7%
$158
Home Insurance
4%
$97
HOA
10%
$210
Property Management
10%
$219
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0