This property looks like a bad Long-Term investment with a projected -11.35% first-year return on $57,729 initial cash invested.
-11.35%
Cash On Cash
4.78%
Cap Rate
0.71
DSCR
$1,794
Rent
-$546
Cashflow
Cash Flow
$1,794 income − $2,340 expenses = $546 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,794
Total Expenses
$2,340
Mortgage P&I
86%
$1,550
Property Taxes
14%
$243
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0