This property looks like a bad Long-Term investment with a projected -8.06% first-year return on $57,750 initial cash invested.
-8.06%
Cash On Cash
5.46%
Cap Rate
0.82
DSCR
$2,357
Rent
-$388
Cashflow
Cash Flow
$2,357 income − $2,745 expenses = $388 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,357
Total Expenses
$2,745
Mortgage P&I
65%
$1,522
Property Taxes
20%
$481
Home Insurance
4%
$96
HOA
1%
$33
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0