This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $57,225 initial cash invested.
-10.17%
Cash On Cash
5.02%
Cap Rate
0.75
DSCR
$1,910
Rent
-$485
Cashflow
Cash Flow
$1,910 income − $2,395 expenses = $485 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,910
Total Expenses
$2,395
Mortgage P&I
80%
$1,528
Property Taxes
14%
$273
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0