This property looks like a bad Long-Term investment with a projected -12.17% first-year return on $56,679 initial cash invested.
-12.17%
Cash On Cash
4.01%
Cap Rate
0.65
DSCR
$1,654
Rent
-$575
Cashflow
Cash Flow
$1,654 income − $2,229 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,654
Total Expenses
$2,229
Mortgage P&I
84%
$1,394
Property Taxes
19%
$311
Home Insurance
6%
$94
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0