This property looks like a bad Long-Term investment with a projected -11.34% first-year return on $57,120 initial cash invested.
-11.34%
Cash On Cash
4.36%
Cap Rate
0.69
DSCR
$1,790
Rent
-$540
Cashflow
Cash Flow
$1,790 income − $2,330 expenses = $540 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,120
Downpayment
20%
$54,400
Closing costs
1%
$2,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,790
Total Expenses
$2,330
Mortgage P&I
80%
$1,439
Property Taxes
18%
$330
Home Insurance
5%
$95
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0