This property looks like a bad Long-Term investment with a projected -6.04% first-year return on $52,479 initial cash invested.
-6.04%
Cash On Cash
5.79%
Cap Rate
0.87
DSCR
$1,646
Rent
-$264
Cashflow
Cash Flow
$1,646 income − $1,910 expenses = $264 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,646
Total Expenses
$1,910
Mortgage P&I
84%
$1,388
Property Taxes
0%
$6
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0