This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $57,120 initial cash invested.
-10.48%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$1,829
Rent
-$499
Cashflow
Cash Flow
$1,829 income − $2,328 expenses = $499 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,120
Downpayment
20%
$54,400
Closing costs
1%
$2,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,829
Total Expenses
$2,328
Mortgage P&I
81%
$1,489
Property Taxes
15%
$268
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0