This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $52,332 initial cash invested.
-9.84%
Cash On Cash
4.91%
Cap Rate
0.75
DSCR
$1,656
Rent
-$429
Cashflow
Cash Flow
$1,656 income − $2,085 expenses = $429 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,332
Downpayment
20%
$49,840
Closing costs
1%
$2,492
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,656
Total Expenses
$2,085
Mortgage P&I
82%
$1,365
Property Taxes
11%
$175
Home Insurance
7%
$114
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0