This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $52,668 initial cash invested.
-10.44%
Cash On Cash
5.06%
Cap Rate
0.75
DSCR
$1,978
Rent
-$458
Cashflow
Cash Flow
$1,978 income − $2,436 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,668
Downpayment
20%
$50,160
Closing costs
1%
$2,508
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,978
Total Expenses
$2,436
Mortgage P&I
72%
$1,417
Property Taxes
22%
$443
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0