This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $52,458 initial cash invested.
-8.92%
Cash On Cash
5.04%
Cap Rate
0.78
DSCR
$1,716
Rent
-$390
Cashflow
Cash Flow
$1,716 income − $2,106 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,458
Downpayment
20%
$49,960
Closing costs
1%
$2,498
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$2,106
Mortgage P&I
79%
$1,353
Property Taxes
13%
$215
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0