This property looks like a bad Long-Term investment with a projected -3.11% first-year return on $52,437 initial cash invested.
-3.11%
Cash On Cash
6.19%
Cap Rate
0.97
DSCR
$1,869
Rent
-$136
Cashflow
Cash Flow
$1,869 income − $2,005 expenses = $136 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,437
Downpayment
20%
$49,940
Closing costs
1%
$2,497
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,869
Total Expenses
$2,005
Mortgage P&I
71%
$1,331
Property Taxes
5%
$100
Home Insurance
5%
$89
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0