This property looks like a bad Long-Term investment with a projected -9.46% first-year return on $52,920 initial cash invested.
-9.46%
Cash On Cash
5.05%
Cap Rate
0.76
DSCR
$1,516
Rent
-$417
Cashflow
Cash Flow
$1,516 income − $1,933 expenses = $417 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,920
Downpayment
20%
$50,400
Closing costs
1%
$2,520
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,516
Total Expenses
$1,933
Mortgage P&I
92%
$1,402
Property Taxes
3%
$43
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0