This property looks like a bad Long-Term investment with a projected -11.94% first-year return on $56,679 initial cash invested.
-11.94%
Cash On Cash
4.17%
Cap Rate
0.66
DSCR
$1,539
Rent
-$564
Cashflow
Cash Flow
$1,539 income − $2,103 expenses = $564 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,539
Total Expenses
$2,103
Mortgage P&I
93%
$1,425
Property Taxes
12%
$184
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0