This property looks like a bad Long-Term investment with a projected -19.62% first-year return on $52,290 initial cash invested.
-19.62%
Cash On Cash
2.53%
Cap Rate
0.39
DSCR
$1,002
Rent
-$855
Cashflow
Cash Flow
$1,002 income − $1,857 expenses = $855 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,002
Total Expenses
$1,857
Mortgage P&I
133%
$1,329
Property Taxes
18%
$181
Home Insurance
9%
$87
HOA
0%
$0
Property Management
10%
$100
CapEx
5%
$50
Vacancy
6%
$60
Maintenance
5%
$50
Other
0%
$0