This property looks like a bad Long-Term investment with a projected -8.65% first-year return on $57,540 initial cash invested.
-8.65%
Cash On Cash
5.17%
Cap Rate
0.78
DSCR
$1,778
Rent
-$415
Cashflow
Cash Flow
$1,778 income − $2,193 expenses = $415 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,778
Total Expenses
$2,193
Mortgage P&I
85%
$1,506
Property Taxes
6%
$102
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0