This property looks like a bad Long-Term investment with a projected -12.47% first-year return on $51,492 initial cash invested.
-12.47%
Cash On Cash
4.32%
Cap Rate
0.66
DSCR
$1,763
Rent
-$535
Cashflow
Cash Flow
$1,763 income − $2,298 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,492
Downpayment
20%
$49,040
Closing costs
1%
$2,452
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,763
Total Expenses
$2,298
Mortgage P&I
75%
$1,330
Property Taxes
23%
$410
Home Insurance
6%
$100
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0