This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $52,269 initial cash invested.
-11.82%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$1,770
Rent
-$515
Cashflow
Cash Flow
$1,770 income − $2,285 expenses = $515 out of pocket
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,269
Downpayment
20%
$49,780
Closing costs
1%
$2,489
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$2,285
Mortgage P&I
76%
$1,353
Property Taxes
19%
$333
Home Insurance
6%
$105
HOA
2%
$35
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0