This property looks like a bad Long-Term investment with a projected -5.82% first-year return on $52,542 initial cash invested.
-5.82%
Cash On Cash
5.6%
Cap Rate
0.87
DSCR
$1,733
Rent
-$255
Cashflow
Cash Flow
$1,733 income − $1,988 expenses = $255 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,542
Downpayment
20%
$50,040
Closing costs
1%
$2,502
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,733
Total Expenses
$1,988
Mortgage P&I
77%
$1,336
Property Taxes
6%
$110
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0