This property looks like a bad Long-Term investment with a projected -11.59% first-year return on $57,456 initial cash invested.
-11.59%
Cash On Cash
4.59%
Cap Rate
0.69
DSCR
$1,873
Rent
-$555
Cashflow
Cash Flow
$1,873 income − $2,428 expenses = $555 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,456
Downpayment
20%
$54,720
Closing costs
1%
$2,736
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,873
Total Expenses
$2,428
Mortgage P&I
80%
$1,507
Property Taxes
18%
$336
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0