This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $57,540 initial cash invested.
-11.03%
Cash On Cash
4.66%
Cap Rate
0.7
DSCR
$1,665
Rent
-$529
Cashflow
Cash Flow
$1,665 income − $2,194 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,665
Total Expenses
$2,194
Mortgage P&I
91%
$1,511
Property Taxes
9%
$155
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0