This property looks like a bad Long-Term investment with a projected -10.52% first-year return on $52,479 initial cash invested.
-10.52%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$2,005
Rent
-$460
Cashflow
Cash Flow
$2,005 income − $2,465 expenses = $460 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,005
Total Expenses
$2,465
Mortgage P&I
67%
$1,348
Property Taxes
25%
$509
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0