This property looks like a bad Long-Term investment with a projected -10.82% first-year return on $57,099 initial cash invested.
-10.82%
Cash On Cash
4.87%
Cap Rate
0.72
DSCR
$1,831
Rent
-$515
Cashflow
Cash Flow
$1,831 income − $2,346 expenses = $515 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,099
Downpayment
20%
$54,380
Closing costs
1%
$2,719
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,831
Total Expenses
$2,346
Mortgage P&I
83%
$1,527
Property Taxes
14%
$262
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0