This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $57,750 initial cash invested.
-11.08%
Cash On Cash
4.5%
Cap Rate
0.71
DSCR
$2,134
Rent
-$533
Cashflow
Cash Flow
$2,134 income − $2,667 expenses = $533 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,134
Total Expenses
$2,667
Mortgage P&I
68%
$1,458
Property Taxes
26%
$558
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0