This property looks like a bad Long-Term investment with a projected -5.53% first-year return on $52,479 initial cash invested.
-5.53%
Cash On Cash
5.92%
Cap Rate
0.89
DSCR
$1,755
Rent
-$242
Cashflow
Cash Flow
$1,755 income − $1,997 expenses = $242 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,755
Total Expenses
$1,997
Mortgage P&I
79%
$1,387
Property Taxes
4%
$65
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0