This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $52,479 initial cash invested.
-8.44%
Cash On Cash
5.25%
Cap Rate
0.8
DSCR
$1,897
Rent
-$369
Cashflow
Cash Flow
$1,897 income − $2,266 expenses = $369 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,897
Total Expenses
$2,266
Mortgage P&I
72%
$1,367
Property Taxes
17%
$317
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0