This property looks like a bad Long-Term investment with a projected -5.67% first-year return on $52,479 initial cash invested.
-5.67%
Cash On Cash
5.6%
Cap Rate
0.89
DSCR
$2,046
Rent
-$248
Cashflow
Cash Flow
$2,046 income − $2,294 expenses = $248 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,046
Total Expenses
$2,294
Mortgage P&I
64%
$1,312
Property Taxes
18%
$362
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0