This property looks like a bad Long-Term investment with a projected -19.18% first-year return on $58,254 initial cash invested.
-19.18%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$1,684
Rent
-$931
Cashflow
Cash Flow
$1,684 income − $2,615 expenses = $931 out of pocket
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,254
Downpayment
20%
$55,480
Closing costs
1%
$2,774
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,684
Total Expenses
$2,615
Mortgage P&I
91%
$1,529
Property Taxes
33%
$549
Home Insurance
6%
$100
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0