This property looks like a bad Long-Term investment with a projected -10.59% first-year return on $52,479 initial cash invested.
-10.59%
Cash On Cash
4.58%
Cap Rate
0.71
DSCR
$1,499
Rent
-$463
Cashflow
Cash Flow
$1,499 income − $1,962 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,499
Total Expenses
$1,962
Mortgage P&I
90%
$1,342
Property Taxes
9%
$142
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0