This property looks like a bad Long-Term investment with a projected -4.53% first-year return on $52,479 initial cash invested.
-4.53%
Cash On Cash
6.16%
Cap Rate
0.94
DSCR
$2,289
Rent
-$198
Cashflow
Cash Flow
$2,289 income − $2,487 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,289
Total Expenses
$2,487
Mortgage P&I
60%
$1,366
Property Taxes
19%
$439
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0