This property looks like a bad Long-Term investment with a projected -14.52% first-year return on $52,479 initial cash invested.
-14.52%
Cash On Cash
4%
Cap Rate
0.59
DSCR
$1,341
Rent
-$635
Cashflow
Cash Flow
$1,341 income − $1,976 expenses = $635 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,341
Total Expenses
$1,976
Mortgage P&I
105%
$1,402
Property Taxes
10%
$138
Home Insurance
7%
$88
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0