This property looks like a bad Long-Term investment with a projected -5.6% first-year return on $52,521 initial cash invested.
-5.6%
Cash On Cash
5.84%
Cap Rate
0.89
DSCR
$1,754
Rent
-$245
Cashflow
Cash Flow
$1,754 income − $1,999 expenses = $245 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,521
Downpayment
20%
$50,020
Closing costs
1%
$2,501
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,754
Total Expenses
$1,999
Mortgage P&I
78%
$1,374
Property Taxes
3%
$47
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0