This property looks like a bad Long-Term investment with a projected -11.2% first-year return on $57,666 initial cash invested.
-11.2%
Cash On Cash
4.54%
Cap Rate
0.69
DSCR
$1,560
Rent
-$538
Cashflow
Cash Flow
$1,560 income − $2,098 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,666
Downpayment
20%
$54,920
Closing costs
1%
$2,746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,560
Total Expenses
$2,098
Mortgage P&I
96%
$1,499
Property Taxes
7%
$113
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0