This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $56,847 initial cash invested.
-12.67%
Cash On Cash
4.46%
Cap Rate
0.66
DSCR
$1,681
Rent
-$600
Cashflow
Cash Flow
$1,681 income − $2,281 expenses = $600 out of pocket
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,847
Downpayment
20%
$54,140
Closing costs
1%
$2,707
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,681
Total Expenses
$2,281
Mortgage P&I
90%
$1,521
Property Taxes
14%
$237
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0