This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $57,750 initial cash invested.
-7.36%
Cash On Cash
4.85%
Cap Rate
0.81
DSCR
$1,777
Rent
-$354
Cashflow
Cash Flow
$1,777 income − $2,131 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,777
Total Expenses
$2,131
Mortgage P&I
77%
$1,377
Property Taxes
11%
$195
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0