This property looks like a bad Long-Term investment with a projected -8.24% first-year return on $57,645 initial cash invested.
-8.24%
Cash On Cash
4.85%
Cap Rate
0.78
DSCR
$1,732
Rent
-$396
Cashflow
Cash Flow
$1,732 income − $2,128 expenses = $396 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,645
Downpayment
20%
$54,900
Closing costs
1%
$2,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,732
Total Expenses
$2,128
Mortgage P&I
82%
$1,418
Property Taxes
8%
$144
Home Insurance
6%
$96
HOA
1%
$19
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0