This property looks like a bad Long-Term investment with a projected -13.39% first-year return on $57,162 initial cash invested.
-13.39%
Cash On Cash
4.02%
Cap Rate
0.63
DSCR
$1,872
Rent
-$638
Cashflow
Cash Flow
$1,872 income − $2,510 expenses = $638 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,162
Downpayment
20%
$54,440
Closing costs
1%
$2,722
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,872
Total Expenses
$2,510
Mortgage P&I
78%
$1,456
Property Taxes
20%
$369
Home Insurance
5%
$98
HOA
5%
$100
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0