This property looks like a bad Long-Term investment with a projected -6.27% first-year return on $52,479 initial cash invested.
-6.27%
Cash On Cash
5.65%
Cap Rate
0.86
DSCR
$1,745
Rent
-$274
Cashflow
Cash Flow
$1,745 income − $2,019 expenses = $274 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,745
Total Expenses
$2,019
Mortgage P&I
78%
$1,363
Property Taxes
6%
$98
Home Insurance
5%
$88
HOA
1%
$17
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0