This property looks like a bad Long-Term investment with a projected -11.93% first-year return on $56,637 initial cash invested.
-11.93%
Cash On Cash
4.21%
Cap Rate
0.67
DSCR
$1,728
Rent
-$563
Cashflow
Cash Flow
$1,728 income − $2,291 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,637
Downpayment
20%
$53,940
Closing costs
1%
$2,697
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,728
Total Expenses
$2,291
Mortgage P&I
82%
$1,424
Property Taxes
19%
$322
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0