This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $57,750 initial cash invested.
-8.52%
Cash On Cash
4.72%
Cap Rate
0.77
DSCR
$1,585
Rent
-$410
Cashflow
Cash Flow
$1,585 income − $1,995 expenses = $410 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,585
Total Expenses
$1,995
Mortgage P&I
89%
$1,412
Property Taxes
5%
$76
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0