This property looks like a bad Long-Term investment with a projected -0.18% first-year return on $52,311 initial cash invested.
-0.18%
Cash On Cash
6.71%
Cap Rate
1.08
DSCR
$2,138
Rent
-$8
Cashflow
Cash Flow
$2,138 income − $2,146 expenses = $8 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,311
Downpayment
20%
$49,820
Closing costs
1%
$2,491
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,138
Total Expenses
$2,146
Mortgage P&I
60%
$1,293
Property Taxes
10%
$213
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0