This property looks like a bad Long-Term investment with a projected -7.99% first-year return on $57,834 initial cash invested.
-7.99%
Cash On Cash
5.41%
Cap Rate
0.82
DSCR
$2,298
Rent
-$385
Cashflow
Cash Flow
$2,298 income − $2,683 expenses = $385 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,834
Downpayment
20%
$55,080
Closing costs
1%
$2,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,298
Total Expenses
$2,683
Mortgage P&I
66%
$1,512
Property Taxes
21%
$475
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0