This property looks like a bad Long-Term investment with a projected -5.18% first-year return on $52,563 initial cash invested.
-5.18%
Cash On Cash
5.76%
Cap Rate
0.9
DSCR
$1,916
Rent
-$227
Cashflow
Cash Flow
$1,916 income − $2,143 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,563
Downpayment
20%
$50,060
Closing costs
1%
$2,503
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,916
Total Expenses
$2,143
Mortgage P&I
70%
$1,332
Property Taxes
11%
$218
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0