This property looks like a bad Long-Term investment with a projected -8.28% first-year return on $52,584 initial cash invested.
-8.28%
Cash On Cash
5.29%
Cap Rate
0.81
DSCR
$2,099
Rent
-$363
Cashflow
Cash Flow
$2,099 income − $2,462 expenses = $363 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,584
Downpayment
20%
$50,080
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,099
Total Expenses
$2,462
Mortgage P&I
65%
$1,361
Property Taxes
22%
$459
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0