This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $52,290 initial cash invested.
-9.06%
Cash On Cash
5.12%
Cap Rate
0.77
DSCR
$1,630
Rent
-$395
Cashflow
Cash Flow
$1,630 income − $2,025 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,630
Total Expenses
$2,025
Mortgage P&I
84%
$1,375
Property Taxes
8%
$138
Home Insurance
5%
$87
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0