This property looks like a bad Long-Term investment with a projected -10.15% first-year return on $52,479 initial cash invested.
-10.15%
Cash On Cash
4.85%
Cap Rate
0.74
DSCR
$1,615
Rent
-$444
Cashflow
Cash Flow
$1,615 income − $2,059 expenses = $444 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,615
Total Expenses
$2,059
Mortgage P&I
85%
$1,372
Property Taxes
11%
$178
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0