This property looks like a bad Long-Term investment with a projected -5.06% first-year return on $52,878 initial cash invested.
-5.06%
Cash On Cash
6.04%
Cap Rate
0.91
DSCR
$2,028
Rent
-$223
Cashflow
Cash Flow
$2,028 income − $2,251 expenses = $223 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,028
Total Expenses
$2,251
Mortgage P&I
68%
$1,389
Property Taxes
12%
$244
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0