This property looks like a bad Long-Term investment with a projected -15.76% first-year return on $52,458 initial cash invested.
-15.76%
Cash On Cash
3.41%
Cap Rate
0.53
DSCR
$1,026
Rent
-$689
Cashflow
Cash Flow
$1,026 income − $1,715 expenses = $689 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,458
Downpayment
20%
$49,960
Closing costs
1%
$2,498
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,026
Total Expenses
$1,715
Mortgage P&I
131%
$1,348
Property Taxes
1%
$12
Home Insurance
9%
$88
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$51
Vacancy
6%
$62
Maintenance
5%
$51
Other
0%
$0