This property looks like a bad Long-Term investment with a projected -9.68% first-year return on $57,771 initial cash invested.
-9.68%
Cash On Cash
5.02%
Cap Rate
0.75
DSCR
$1,842
Rent
-$466
Cashflow
Cash Flow
$1,842 income − $2,308 expenses = $466 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,771
Downpayment
20%
$55,020
Closing costs
1%
$2,751
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,842
Total Expenses
$2,308
Mortgage P&I
83%
$1,525
Property Taxes
6%
$119
Home Insurance
5%
$100
HOA
5%
$85
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0