This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $52,479 initial cash invested.
-7.43%
Cash On Cash
5.53%
Cap Rate
0.83
DSCR
$1,867
Rent
-$325
Cashflow
Cash Flow
$1,867 income − $2,192 expenses = $325 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
$1,867
Total Expenses
$2,192
Mortgage P&I
74%
$1,384
Property Taxes
13%
$235
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0