This property looks like a bad Long-Term investment with a projected -9.79% first-year return on $52,437 initial cash invested.
-9.79%
Cash On Cash
4.96%
Cap Rate
0.75
DSCR
$1,717
Rent
-$428
Cashflow
Cash Flow
$1,717 income − $2,145 expenses = $428 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,437
Downpayment
20%
$49,940
Closing costs
1%
$2,497
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,717
Total Expenses
$2,145
Mortgage P&I
80%
$1,375
Property Taxes
14%
$232
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0