This property looks like a bad Long-Term investment with a projected -7.79% first-year return on $52,080 initial cash invested.
-7.79%
Cash On Cash
5.61%
Cap Rate
0.83
DSCR
$1,872
Rent
-$338
Cashflow
Cash Flow
$1,872 income − $2,210 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,080
Downpayment
20%
$49,600
Closing costs
1%
$2,480
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,872
Total Expenses
$2,210
Mortgage P&I
75%
$1,404
Property Taxes
11%
$215
Home Insurance
5%
$87
HOA
1%
$17
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0