This property looks like a bad Long-Term investment with a projected -3.73% first-year return on $52,479 initial cash invested.
-3.73%
Cash On Cash
6.13%
Cap Rate
0.95
DSCR
$2,048
Rent
-$163
Cashflow
Cash Flow
$2,048 income − $2,211 expenses = $163 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,048
Total Expenses
$2,211
Mortgage P&I
65%
$1,337
Property Taxes
12%
$254
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0