This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $52,479 initial cash invested.
-9.17%
Cash On Cash
5.28%
Cap Rate
0.78
DSCR
$1,972
Rent
-$401
Cashflow
Cash Flow
$1,972 income − $2,373 expenses = $401 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
$1,972
Total Expenses
$2,373
Mortgage P&I
71%
$1,401
Property Taxes
19%
$371
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0