This property looks like a bad Long-Term investment with a projected -0.32% first-year return on $52,836 initial cash invested.
-0.32%
Cash On Cash
6.64%
Cap Rate
1.08
DSCR
$2,341
Rent
-$14
Cashflow
Cash Flow
$2,341 income − $2,355 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,836
Downpayment
20%
$50,320
Closing costs
1%
$2,516
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,341
Total Expenses
$2,355
Mortgage P&I
55%
$1,290
Property Taxes
16%
$366
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0