This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $57,036 initial cash invested.
-3.77%
Cash On Cash
6.12%
Cap Rate
0.95
DSCR
$2,043
Rent
-$179
Cashflow
Cash Flow
$2,043 income − $2,222 expenses = $179 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,036
Downpayment
20%
$54,320
Closing costs
1%
$2,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$2,222
Mortgage P&I
72%
$1,463
Property Taxes
6%
$128
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0