This property looks like a bad Long-Term investment with a projected -16.85% first-year return on $57,813 initial cash invested.
-16.85%
Cash On Cash
3.2%
Cap Rate
0.5
DSCR
$1,295
Rent
-$812
Cashflow
Cash Flow
$1,295 income − $2,107 expenses = $812 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,813
Downpayment
20%
$55,060
Closing costs
1%
$2,753
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,295
Total Expenses
$2,107
Mortgage P&I
114%
$1,480
Property Taxes
15%
$191
Home Insurance
8%
$98
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0