This property looks like a bad Long-Term investment with a projected -4.73% first-year return on $52,479 initial cash invested.
-4.73%
Cash On Cash
6.14%
Cap Rate
0.93
DSCR
$2,108
Rent
-$207
Cashflow
Cash Flow
$2,108 income − $2,315 expenses = $207 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,108
Total Expenses
$2,315
Mortgage P&I
66%
$1,381
Property Taxes
14%
$299
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0