This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $52,542 initial cash invested.
-8.5%
Cash On Cash
5.14%
Cap Rate
0.79
DSCR
$1,606
Rent
-$372
Cashflow
Cash Flow
$1,606 income − $1,978 expenses = $372 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,606
Total Expenses
$1,978
Mortgage P&I
85%
$1,364
Property Taxes
6%
$104
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0